Indian Oil Corp sells 35,000 tonnes naphtha for mid-April

28 March 2011 10:28  [Source: ICIS news]

SINGAPORE (ICIS)--Indian Oil has sold via tender 35,000 tonnes of naphtha for loading from Kandla in Gujarat state on 14–16 April, traders said on Monday.

The cargo fetched a premium of $18/tonne (€13/tonne) to Indian Oil’s pricing formula FOB (free on board), they added.

($1 = €0.71)

By: Felicia Loo

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