India's HPCL offers 25,000-30,000t naphtha for H1 May

21 April 2010 06:47  [Source: ICIS news]

SINGAPORE (ICIS news)--India’s Hindustan Petroleum Corp (HPCL) has issued a tender to sell 25,000-30,000 tonnes of naphtha for loading from Vizag on 6-12 May, traders said on Wednesday.

The tender closes on 22 April, with bids to stay valid until 23 April, they added.

In a previous tender, HPCL sold a similar cargo for loading from Vizag on 16-20 April, at a premium of around $25/tonne (€18.5/tonne) to Middle East quotes FOB (free on board).

($1 = €0.74)

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By: Felicia Loo

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