India’s BPCL offers 30,000 tonnes naphtha for 10-12 Nov loading

02 November 2012 05:14  [Source: ICIS news]

SINGAPORE (ICIS)--India’s Bharat Petroleum Corp Ltd (BPCL) is offering a 30,000 tonne naphtha cargo for loading from Mumbai on 10-12 November, traders said on Friday.

The tender closes later on 2 November, they added.

In its previous tender, BPCL sold two 35,000 tonne naphtha cargoes for loading from Mumbai in the second half of November.

The deal for the cargo for loading on 15-17 November was awarded to STO Maldives at a premium of $38.00-39.00/tonne to Middle East quotes FOB (free on board).

Japanese trading firm Marubeni won the second cargo at a premium of $35-36/tonne (€27-28/tonne) to Middle East quotes FOB for loading on 25-27 November.

($1 = €0.77)

By: Felicia Loo

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