India’s MRPL sells 35,000 tonnes naphtha for H2 February

15 January 2013 01:41  [Source: ICIS news]

SINGAPORE (ICIS)--India’s Mangalore Refinery and Petrochemicals Ltd (MRPL) has sold by tender a 35,000 tonne naphtha cargo for loading from the New Mangalore port on 21-23 February, traders said on Tuesday.

Total was the buyer and the deal for the cargo was done at a premium of $47.50/tonne (€35.60/tonne) to Middle East quotes FOB (free on board), they added.

MRPL previously sold by tender a 35,000 tonne naphtha cargo to Mitsubishi Corp at a premium of around $43/tonne to Middle East quotes FOB. The loading dates are on 8-10 February.

($1 = €0.75)

By: Felicia Loo

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