14 March 2008 09:21 [Source: ICIS news]
Two cargoes from Dahej refinery would be lifted on 3-5 April and 12-14 April, while another cargo would be lifted from Kandla over 8-11 April, they added.
IOC reported sold all three cargoes at a premium of around $6/tonne FOB (free on board) over Middle East quotes to a Middle East trader.
A fourth cargo was sold at a premium of around $18/tonne over Middle East quotes FOB Chennai for 4-7 April loading. The buyer was said to be a western trader.
All tenders closed on 12 March, and were valid till 13 March.
IOC previously sold six cargoes for October to March loading at a premium of $8/tonne over Middle East quotes, FOB Kandla, and seven cargoes of 31,500 tonnes of naphtha each at a premium of around $7/tonne over Middle East quotes on FOB Dahej basis.
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|