26 November 2012 02:37 [Source: ICIS news]
SINGAPORE (ICIS)--India’s Mangalore Refinery and Petrochemicals Ltd (MRPL) is offering by tender a 35,000 tonne naphtha cargo for loading in late December, according to a tender document obtained by ICIS on Monday.
The cargo is scheduled for loading from the New Mangalore port on 28-30 December, it stated.
The tender closes on 29 November, with bids to stay valid until 30 November, the document showed.
MPRL sold the first cargo to Japanese petroleum company Idemitsu Kosan at a premium of $44.50/tonne (€34.30/tonne) to Middle East quotes FOB (free on board) for loading on 19-21 December.
The remaining two cargoes for loading on 14-16 January and 16-18 February respectively were awarded to France’s Total at premiums of $42-45/tonne to Middle East quotes FOB.
($1 = €0.77)
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