India’s MRPL offers second naphtha lot for August loading

17 July 2012 07:48  [Source: ICIS news]

SINGAPORE (ICIS)--India’s state-owned Mangalore Refinery and Petrochemicals Ltd (MRPL) is offering by tender a 35,000-tonne naphtha parcel for 20-22 August loading from New Mangalore, according to a document received by ICIS late on Monday.

The tender will close on 18 July, with bids valid till 19 July, the document stated.

The cargo will be priced on Middle East spot quotes on a FOB (free on board) basis.

MRPL last sold its first cargo for early August loading at a premium of $29.50/tonne (€23.90/tonne) to Middle East quotes FOB, ICIS reported.

By: Ong Sheau Ling
+65 6780 4359

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