India’s MRPL sells 35,000 tonnes naphtha for mid-September

02 August 2011 10:52  [Source: ICIS news]

SINGAPORE (ICIS)--India’s Mangalore Refinery and Petrochemicals Ltd (MRPL) has sold by tender 35,000 tonnes of naphtha to Mercuria for loading from New Mangalore port on 12-14 September, traders said on Tuesday.

The cargo fetched a premium of $16/tonne (€11.20/tonne) to Middle East quotes FOB (free on board), they added.

In its previous tender, MRPL sold 35,000 tonnes of naphtha at a premium of $12-13/tonne to Middle East quotes FOB for loading on 28-30 August.

($1 = €0.70)

For more on naphtha, visit ICIS chemical intelligence


By: Felicia Loo

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