IOC issues naphtha sell tender for H1 May

09 April 2008 03:23  [Source: ICIS news]

SINGAPORE (ICIS news)--Indian Oil Corp (IOC) has issued a tender to sell 30,000 tonnes of open spec naphtha for first half of May lifting, industry sources said on Wednesday.

The tender offered a 30,000-tonne cargo to be lifted from its Chennai refinery between 10-13 May and closes on 10 April, with validity till 11April.

IOC previously sold a 30,000-tonne cargo at a premium of $18.00/tonne to Middle East FOB (free on board) quotes to a western trader for 4-7 April loading from Chennai.

By: Desmond Chia
+65 6780 4359

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.

Printer Friendly