India’s MRPL offers 35,000 tonnes of naphtha for end May

19 April 2011 05:01  [Source: ICIS news]

SINGAPORE (ICIS)--India’s Mangalore Refinery and Petrochemicals Ltd (MRPL) has tendered to sell 35,000 tonnes of naphtha for loading from New Mangalore port on 28-30 May, a tender document showed on Tuesday.

The tender closes on 26 April with bids to stay valid until 27 April.

MRPL last sold via tender 35,000 tonnes of naphtha to Cargill at a premium of $29/tonne (€20/tonne) to Middle East quotes FOB (free on board) for loading on 17-19 May.

($1 = €0.70)

For more on naphtha, visit ICIS chemical intelligence

By: Felicia Loo

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