Indian Oil offers 65,000t naphtha for H2 July

24 June 2010 07:50  [Source: ICIS news]

SINGAPORE (ICIS news)--Indian Oil Corp (IOC) is offering via tender 65,000 tonnes of naphtha for loading in the second half of July, a trader said on Thursday.

IOC offered 30,000 tonnes of naphtha for loading from Kandla on 20-24 July and another 35,000 tonnes for loading from Chennai on 25-28 July, he said.

The tender closes on 30 June, the trader added.

Asia’s first half August naphtha contract tumbled to $654.50-657.50/tonne CFR (cost and freight) Japan on Thursday, according to prices assessed by ICIS.

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By: Felicia Loo

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