India’s ONGC scraps tender to sell mid-April naphtha stem
29 March 2011 02:56 [Source: ICIS news]
SINGAPORE (ICIS)--India’s Oil and Natural Gas Corp (ONGC) has cancelled a tender to sell 35,000 tonnes of naphtha for loading from Hazira on 17-18 April, a tender notice showed on Tuesday.
No reasons were given.
Asia first-half May naphtha contract edged down to $987.50-990.50/tonne (€701.13-703.26/tonne) CFR (cost and freight) Japan on Tuesday because of lower Brent crude futures, ICIS data showed.
The contract closed at $991-993/tonne CFR Japan on Monday.
($1 = €0.71)
For more on naphtha, visit ICIS chemical intelligence
By: Felicia Loo
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
| ICIS news FREE TRIAL |
| Get access to breaking chemical news as it happens. |
| ICIS Global Petrochemical Index (IPEX) |
| ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index |
Related Articles
- 27 May 11 07:15 India’s ONGC sells 35,000 tonnes naphtha for early June
- 27 May 11 05:46 India’s ONGC sells 35,000 tonnes naphtha for 10-11 June
- 23 May 11 09:59 India’s ONGC offers 70,000 tonnes naphtha for mid-June
- 18 May 11 04:55 India’s ONGC offers 35,000 tonnes naphtha for early June
- 29 Apr 11 02:29 India’s ONGC offers 35,000 tonnes naphtha for mid-May
- 26 Apr 11 02:57 India’s ONGC offers 35,000 tonnes naphtha for mid-May
- 08 Apr 11 07:32 India’s ONGC sells 70,000 tonnes naphtha for H2 April
- 04 Apr 11 03:49 India’s ONGC offers 35,000 tonnes naphtha for late April
- 01 Apr 11 04:38 India’s ONGC offers 35,000 tonnes naphtha for mid-April
- 31 Mar 11 11:15 South Korea’s LG Chem buys 50,000 tonnes spot naphtha
- 31 Mar 11 09:59 India’s Reliance sells 75,000 tonnes naphtha at ME+$24/tonne
- 30 Mar 11 09:50 Taiwan’s Formosa buys 150,000 tonnes naphtha for H1 May
Latest News
- 19 Jun 13 21:19 Biofuels to nearly double in road transport use by 2030: exec
- 19 Jun 13 21:13 US Fed says economy likely to make gains, but holds rate steady
- 19 Jun 13 19:32 US propylene inventories increase slightly on higher production
- 19 Jun 13 19:00 VIDEO - ICIS Americas Lunchtime Bulletin 19 June 2013
- 19 Jun 13 18:38 NOON SNAPSHOT - Americas Markets Summary