09 January 2013 01:53 [Source: ICIS news]
SINGAPORE (ICIS)--India’s Reliance Industries Ltd (RIL) has sold a 35,000 tonne naphtha cargo in the spot market for loading from Sikka on 27-31 January, traders said on Wednesday.
Total was the buyer and the deal for the cargo was done at a premium of $38.00-40.00/tonne (€29-30/tonne) to Middle East quotes FOB (free on board), they added.
Reliance previously sold 55,000 tonnes of spot heavy naphtha for loading from Sikka during mid-January at a premium in the high-$40s/tonne to Middle East quotes FOB.
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