India's Hindustan Petroleum offers 25,000-30,000t naphtha

07 April 2010 05:55  [Source: ICIS news]

SINGAPORE (ICIS news)--India’s Hindustan Petroleum Corp (HPCL) has issued a tender to sell 25,000-30,000 tonnes of heavy naphtha for mid-April loading, traders said on Wednesday.

The cargo will be lifted from Vizag on 16-20 April, they added.

The tender would close on 12 April, traders said.

Second-half May open-spec naphtha held broadly steady at $751.50-754.50/tonne (€563.63-565.89/tonne) CFR (cost and freight) Japan on Wednesday, in tandem with US crude futures, ICIS pricing data showed.

($1 = €0.75)

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By: Felicia Loo

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