India’s BPCL sells 35,000 tonnes naphtha for late Jan loading

24 December 2012 05:43  [Source: ICIS news]

SINGAPORE (ICIS)--India’s Bharat Petroleum Corp Ltd (BPCL) has sold by tender a 35,000 tonne naphtha cargo for loading from Mumbai on 27-29 January, traders said on Monday.

Japanese trading firm Marubeni bought the cargo at a premium of $41/tonne to Middle East quotes FOB (free on board), they added.

In its previous tender, BPCL sold two 35,000 tonne naphtha cargoes to Total for loading from Mumbai on 14-16 January and 21-23 January.

The deals for the cargoes were done at a premium of $41-42/tonne to Middle East quotes FOB.


By: Felicia Loo



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