Indian Oil sells 30,000 tonnes naphtha for 18-20 Nov loading

01 November 2012 06:02  [Source: ICIS news]

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

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

The buyer was Cargill and the deal for the cargo was done at a premium of around $38/tonne (€29/tonne) to IOC pricing formula FOB (free on board), traders said.

($1 = €0.77)

By: Felicia Loo

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