26 July 2012 09:10 [Source: ICIS news]
SINGAPORE (ICIS)--Indian refiner Bharat Petroleum Corp Ltd (BPCL) has sold by tender 10,000 tonnes of naphtha for 5-9 August loading at a premium of $11/tonne, traders said on Thursday.
“The premium seems a little high, given that the spot [naphtha] prices and [crack] spread has been decreasing over the week,” a Singapore-based trader said.
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