05 November 2012 05:33 [Source: ICIS news]
SINGAPORE (ICIS)--India’s Bharat Petroleum Corp Ltd (BPCL) has sold by tender a 30,000-tonne naphtha cargo to Vitol for loading from Mumbai on 10-12 November, traders said on Monday.
The deal for the cargo was done at a premium of $41.00/tonne (€31.98/tonne) to Middle East quotes FOB (free on board), 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.
Japanese trading firm Marubeni won the second cargo at a premium of $35.00-36.00/tonne to Middle East quotes FOB for loading on 25-27 November.
($1 = €0.78)
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