Indian Oil sells early March naphtha cargo ex-Dahej

18 February 2013 09:56  [Source: ICIS news]

SINGAPORE (ICIS)--Indian Oil Corp (IOC) has sold by tender a 35,000-40,000 tonne naphtha cargo to the State Oil Company of the Azerbaijan Republic SOCAR for loading from Dahej in early March, traders said on Monday.

The deal for the cargo was done at a premium of $68.25/tonne (€51.20/tonne) to IOC pricing formula FOB (free on board), they added.

The loading dates are 5-7 March, traders said.

($1 = €0.75)

By: Felicia Loo

AddThis Social Bookmark Button

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.

Printer Friendly