02 April 2009 05:24 [Source: ICIS news]
The two cargoes are offered from Mumbai with lifting over 14-19 April and 20-29 April. The tender closes on 6 April with validity up to later the same day.
HPCL previously sold 30,000 tonnes of heavy full-range naphtha for lifting over 28-30 March at a premium of $40/tonne to
But such high premiums have fallen to $15-16/tonne as traders were wary of forking out too much on cargoes, not certain if the healthy downstream petrochemical demand from Chinese end-users will sustain, sources said.
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