India’s Reliance offers 55,000 tonnes naphtha for mid-March

17 February 2011 10:08  [Source: ICIS news]

SINGAPORE (ICIS)--India’s Reliance Industries is offering by tender 55,000 tonnes of full-range naphtha for loading from Sikka in the middle of March, traders said on Thursday.

The tender was to close on Friday, they added.

Reliance last sold 55,000 tonnes of naphtha at a premium of $15/tonne (€11/tonne) to Middle East quotes FOB (free on board) for loading from Sikka on 24-26 February.

($1 = €0.74)

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By: Felicia Loo

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