28 November 2012 07:12 [Source: ICIS news]
SINGAPORE (ICIS)--India’s Bharat Petroleum Corp Ltd (BPCL) has sold by tender two 35,000-tonne naphtha cargoes for loading from Mumbai next month, traders said on Wednesday.
BPCL sold the first cargo to Thai PTT at a premium of $39/tonne (€30/tonne) to Middle East quotes FOB (free on board) for loading on 10-12 December, while BPCL sold the second cargo to Japanese trading firm Marubeni at a premium of $41.00/tonne to Middle East quotes FOB for loading on 19-21 December, they added.
In its last tender, BPCL sold a 30,000-tonne naphtha cargo to Vitol for loading from Mumbai on 10-12 November. The deal for the cargo was done at a premium of $41.00/tonne to Middle East quotes FOB.
($1 = €0.77)
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