Indian Oil sells 35,000 tonnes naphtha at $30/tonne premium

10 October 2012 04:51  [Source: ICIS news]

SINGAPORE (ICIS)--Indian Oil Corp (IOC) has sold by tender 35,000 tonnes of naphtha for loading from Dahej in late October, traders said on Wednesday.

The deal for the cargo was done at a premium of $30.00/tonne (€23.40/tonne) to IOC pricing formula on a FOB (free on board) basis, they added.

The loading dates are 25-27 October, traders said.

($1 = €0.78)

By: Felicia Loo

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