India’s Essar Oil offers 35,000 tonnes naphtha for early Nov

10 October 2012 04:13  [Source: ICIS news]

SINGAPORE (ICIS)--India’s Essar Oil has issued a tender to sell 35,000 tonnes of naphtha for loading from Vadinar on 3-5 November, traders said on Wednesday.

The tender closes later on 10 October, they added.

In its previous tender, Essar Oil sold 33,000-35,000 tonnes of naphtha to Japanese trading firm ITOCHU at a premium of $32-33/tonne (€25-26/tonne) to Middle East quotes FOB (free on board) for loading from Vadinar on 26-30 October.

($1 = €0.78)

By: Felicia Loo

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