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)
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.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections