22 June 2012 10:46 [Source: ICIS news]
SINGAPORE (ICIS)--State-owned Indian Oil Corp (IOC) has sold by tender 35,000 tonnes of naphtha to trading firm Totsa at a 36% lower premium from its last settlement, traders said on Friday.
The cargo fetched a premium of $12.00/tonne (€9.60/tonne) to the ?xml:namespace>
“Based on the current market, this premium is not too bad,” a Singapore-based trader said.
($1 = €0.80)
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