South Korea’s GS Caltex starts Oct-loading gasoil sales
South Korea’s GS Caltex has kicked off its October-loading spot gasoil discussions via a sales tender, three sources close to the matter said on Thursday.
The private refiner is offering at least three mid-October-loading gasoil cargoes – two 10 ppm sulphur cargoes and one 500 ppm sulphur cargo – via the tender, they added.
The tender will close on Sept. 15 with same-day validity.
The 10 ppm sulphur cargoes are scheduled to load on Oct. 12-14 and Oct. 15-17, while the 500ppm sulphur cargo is set to load on Oct. 13-15.
Separately, SK Energy – the country’s other major spot fuel exporter owned by SK Innovation 096770.KS – also offered a few early October-loading gasoil shipments via private buyer negotiations early this week, one of the three sources said.
Exact pricing details or loading dates for these cargoes, however, could not be confirmed.
Source: Reuters (Reporting by Trixie Yap; Editing by Sherry Jacob-Phillips)