IOC issues two naphtha sell tenders for May

02 May 2008 09:39  [Source: ICIS news]

SINGAPORE (ICIS news)--Indian Oil Corp (IOC) has issued two tenders to sell naphtha for May lifting, industry sources said on Friday.

The first tender is for a 30,000 tonne cargo of full range naphtha for lifting over 5-8 June and the second is for a similar cargo for 15-18 June from Kandla. Both tenders will close on 7 May with bids valid till 8 May.

IOC just sold a similar cargo at a premium of $7.00/tonne to Middle East quotes FOB (free-on-board) Kandla. Buyer details were unclear.

The tender offered a 30,000 tonne full range naphtha cargo to be lifted from its Kandla refinery over 24-27 May.




By: Desmond Chia
+65 6780 4359



AddThis Social Bookmark Button

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

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