India’s Reliance sells 35,000 tonnes naphtha for late March

28 February 2013 08:08  [Source: ICIS news]

SINGAPORE (ICIS)--India’s Reliance Industries Ltd (RIL) has sold by tender a 35,000 tonne naphtha cargo for loading from Sikka on 25-29 March, traders said on Thursday.

Shell bought the cargo at a premium of $47.00/tonne (€35.72/tonne) to Middle East quotes FOB (free on board), they added.

Reliance last sold a 20,000-tonne spot naphtha cargo to Chinese company Unipec for loading from Sikka on 8-10 March, at a premium of $69-70/tonne (€52-53/tonne) to Middle East quotes FOB.

($1 = €0.76)


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