India’s MRPL offers 35,000 tonne naphtha cargo for early December

29 October 2012 02:48  [Source: ICIS news]

SINGAPORE (ICIS)--India’s Mangalore Refinery and Petrochemicals Ltd (MRPL) has floated a tender to sell a 35,000 tonne naphtha cargo for loading in early December, a tender document showed on Monday.

The cargo is due for loading from the New Mangalore port on the west coast of India on 3-5 December, according to the document.

The tender closes on 30 October, with bids to stay valid until 31 October, it indicated.

In its previous tender, MRPL sold a similar-sized naphtha cargo to Chinese trading firm Unipec at a premium of $41.50/tonne (€31.96/tonne) to Middle East quotes FOB (free on board), for loading from New Mangalore on 17-19 November.

($1 = €0.77)

By: Felicia Loo

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