India’s MRPL sells 35,000 tonnes naphtha for H1 February

07 January 2013 02:08  [Source: ICIS news]

SINGAPORE (ICIS)--India’s Mangalore Refinery and Petrochemicals Ltd (MRPL) has sold by tender a 35,000 tonne naphtha cargo to Mitsubishi Corp for loading in the first half of February, traders said on Monday.

The deal for the cargo was done at a premium of around $43/tonne (€33/tonne) to Middle East quotes FOB (free on board), they added.

The cargo is scheduled for loading from the New Mangalore port on 8-10 February.

In its previous tender, MRPL sold a 35,000 tonne naphtha cargo to Total at a premium of $43.25/tonne to Middle East quotes FOB. The loading dates are on 26-28 January.

($1 = €0.76)

By: Felicia Loo

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