India’s MRPL offers 35,000 tonnes naphtha for H2 Nov

25 October 2010 02:34  [Source: ICIS news]

SINGAPORE (ICIS)--India’s Mangalore Refinery and Petrochemicals Ltd (MRPL) is offering to sell 35,000 tonnes of naphtha for loading in second half of November, a tender document showed on Monday.

The cargo will be lifted from New Mangalore port on 21-23 November.

The tender will close on 21 October, with bids to stay valid until 22 October.

MPRL last sold by tender 35,000 tonnes of naphtha to trader Mercuria, at a premium of $5.80/tonne (€4.1/tonne) to Middle East quotes FOB (free on board), for loading on 26-28 October.

($1 = €0.71)

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By: Felicia Loo

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