India's MRPL offers 35,000 tonnes naphtha for July loading

29 June 2012 03:28  [Source: ICIS news]

SINGAPORE (ICIS)--India-based Mangalore Refinery and Petrochemicals Ltd (MRPL) is offering by tender a 35,000 tonne naphtha parcel for 28-30 July loading, according to an official document obtained by ICIS late on Thursday.

The cargo – the fourth lot for July loading – will be priced on a FOB (free on board) Middle East quotes basis, the document stated.

The tender will close on 3 July, with bids valid until 4 July.

MRPL sold on 25 June a naphtha lot for 18-20 July loading to Gunvor at a premium of $14.00/tonne (€11.00/tonne) to FOB Middle East quotes.

($1 = €0.80)

By: Ong Sheau Ling
+65 6780 4359

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