Indian Oil offers 30,000 tonnes naphtha for second-half November

24 October 2012 04:53  [Source: ICIS news]

SINGAPORE (ICIS)--Indian Oil Corp (IOC) is offering by tender 30,000 tonnes of naphtha for loading from Kandla in the second half of November, traders said on Wednesday.

The loading dates are on 18-20 November, they added.

The tender closes on 29 October and bids will stay valid until 30 October, traders said.

IOC previously sold by tender 35,000 tonnes of naphtha for loading from Dahej at a premium of $30/tonne to IOC pricing formula on a FOB (free on board) basis for loading on 25-27 October to trading firm Glencore.

By: Felicia Loo

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