India’s MRPL offers 35,000 tonnes naphtha for end-March

22 February 2013 08:59  [Source: ICIS news]

SINGAPORE (ICIS)--India’s Mangalore Refinery and Petrochemicals Ltd (MRPL) is offering by tender 35,000 tonnes of naphtha for loading from the New Mangalore port on 29-31 March, according to a tender document on Friday.

The tender closes on 28 February, with bids to stay valid until 1 March, it showed.

MRPL last sold by tender a 35,000 tonne naphtha cargo to South Korean firm Daewoo for loading for loading from the New Mangalore port on 22-24 March.

The deal for the cargo was done at a premium of $65-67/tonne (€49-51/tonne) to Middle East quotes FOB (free on board).

($1 = €0.76)

By: Felicia Loo

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