India’s HPCL sells 30,000 tonnes naphtha to Glencore

04 April 2011 09:32  [Source: ICIS news]

SINGAPORE (ICIS)--India’s Hindustan Petroleum Corp Ltd (HPCL) has sold by tender 25,000-30,000 tonnes of naphtha for loading from Vizag in Andhra Pradesh state on 11-17 April, traders said on Monday.

The cargo was awarded to Glencore at a premium of $22-23/tonne (€15-16/tonne) to Middle East quotes FOB (free on board), they added.

($1 = €0.70)

By: Felicia Loo

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