18 December 2012 02:52 [Source: ICIS news]
SINGAPORE (ICIS)--Indian state-owned refiner Oil and Natural Gas Corp (ONGC) has sold by tender a 35,000-tonne naphtha cargo for loading from Hazira between 31 December and 1 January, traders said on Tuesday.
Idemitsu was the buyer and the deal for the cargo was done at a premium of $44.00/tonne (€33.44/tonene) to Middle East quotes FOB (free on board), they said.
In its last tender, ONGC sold a 35,000-tonne naphtha cargo for loading from Hazira on 21-22 December. Chinese trading firm Unipec won the cargo at a premium of $31.35/tonne to Middle East quotes FOB.
($1 = €0.76)
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections