India’s ONGC offers 35,000-tonne naphtha for early April
24 February 2010 09:27 [Source: ICIS news]
SINGAPORE (ICIS news)--India’s Oil and Natural Gas Corp (ONGC) has issued a tender to sell 35,000 tonnes of naphtha for loading from Mumbai on 1-2 April, according to a tender document on Wednesday.
The tender would close on 4 March, with bids valid until 5 March, based on the document.
ONGC last sold by tender 35,000 tonnes of naphtha to Itochu at a premium of $20.00-21.00/tonne (€14.80-15.54/tonne) to Middle East FOB (free on board) quotes for loading from Hazira on 19-20 March.
($1 = €0.74)
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