India’s BPCL offers 70,000 tonnes naphtha for February loading

07 January 2013 02:16  [Source: ICIS news]

SINGAPORE (ICIS)--India’s Bharat Petroleum Corp Ltd (BPCL) is offering by tender two 35,000-tonne naphtha cargoes for loading from Mumbai in February, traders said on Monday.

The loading dates for each cargo are on 13-15 February and on 22-24 February respectively, they added.

The producer’s tender closes on 9 January, traders said.

BPCL previously sold by tender a 35,000 tonne naphtha cargo for loading from Mumbai on 27-29 January.

Japanese trading firm Marubeni bought that cargo at a premium of $41/tonne (€31/tonne) to Middle East quotes FOB (free on board).

($1 = €0.76)

By: Felicia Loo

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