14 November 2011 03:39 [Source: ICIS news]
The loading dates are 7-8 December in the tender, which will close on 17 November, it stated.
In its last tender, ONGC sold two 35,000 tonne cargoes of naphtha for loading on 23-24 November. Trading firm Mercuria won the heavy-grade cargo at a premium of $9.19/tonne (€6.62/tonne) to Middle East quotes FOB (free on board) for loading from Mumbai, while Total was awarded the cargo ex-Hazira at Middle East quotes FOB plus $19/tonne.
($1 = €0.72)
For more on naphtha, visit ICIS chemical intelligence
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