India’s MRPL sells 35,000 tonnes naphtha for early March

06 February 2012 10:20  [Source: ICIS news]

SINGAPORE (ICIS)--India-based Mangalore Refinery and Petrochemicals Ltd (MRPL) has sold by tender 35,000 tonnes of naphtha for loading in early March at a stronger premium because of low deep-sea inflows, traders said on Monday.

The cargo, which will be loaded from New Mangalore on 9-11 March, fetched a premium of $34.25/tonne (€26.03/tonne) to Middle East quotes FOB (free on board), they added.

MPRL previously sold by tender 35,000 tonnes of naphtha for loading on 26-28 February, at a premium of $32.25/tonne.

($1 = €0.76)

By: Felicia Loo

AddThis Social Bookmark Button

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.

Printer Friendly