India’s MRPL sells 35,000 tonnes naphtha for early March

25 January 2013 03:04  [Source: ICIS news]

SINGAPORE (ICIS)--India’s Mangalore Refinery and Petrochemicals Ltd (MRPL) has sold by tender a 35,000 tonne naphtha cargo to trading firm Vitol for loading from the New Mangalore port on 3-5 March, traders said on Friday.

The deal for the cargo was done at a premium of around $44.50/tonne (€33.38/tonne) to Middle East quotes FOB (free on board).

In its previous tender, MRPL sold a 35,000 tonne naphtha cargo to French major Total for loading from the New Mangalore port on 21-23 February, at a premium of $47.50/tonne to Middle East quotes FOB.

($1 =€0.75)


By: Felicia Loo



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