Indian Oil sells 30,000 tonnes of naphtha for 23-25 April to TOTSA

05 April 2012 08:26  [Source: ICIS news]

SINGAPORE (ICIS)--State-owned Indian Oil has sold 30,000 tonnes of full-range naphtha to France’s Total Oil Trading SA (TOTSA) at a premium of around $35/tonne (€27/tonne) to FOB (free on board) Middle East quotes, several traders said on Thursday.

The cargo is scheduled for loading on 23-25 April from Kandla.

Indian Oil last sold a 30,000 tonne cargo to Germany’s Mabanaft at plus $44/tonne to FOB Middle East quotes, the traders said. The cargo was scheduled to be loaded from Kandla on 11-13 March.

($1 = €0.76)

By: Quintella Koh
+65 6780 4372

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