23 January 2013 11:03 [Source: ICIS news]
SINGAPORE (ICIS)--India’s Reliance Industries Ltd (RIL) sold a 35,000 tonne cargo of heavy naphtha for loading from Sikka on 3-7 February, traders said on Wednesday.
The deal for the cargo was done at a premium of around $40/tonne (€30/tonne) to Middle East quotes FOB (free on board), they added.
The buyer was heard to be an end-user, traders said.
Reliance also sold a 55,000-tonne naphtha cargo for loading from Sikka on 15-20 February to to Japanese trading firm Itochu.
The spot deal for the open-spec material was done at a premium of $42.50/tonne to Middle East quotes FOB (free on board).($1 = €0.75)
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