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

04 March 2013 02:10  [Source: ICIS news]

SINGAPORE (ICIS)--India’s Mangalore Refinery and Petrochemicals Ltd (MRPL) has sold by tender 35,000 tonnes of naphtha for loading from the New Mangalore port on 29-31 March, traders said on Monday.

The buyer is Japanese company Idemitsu and the deal for the cargo was done at a premium of $64.00/tonne (€49.00/tonne) to Middle East quotes FOB (free on board), they added.

MRPL last sold by tender a 35,000 tonne naphtha cargo to South Korean firm Daewoo 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 to Middle East quotes FOB.


By: Felicia Loo



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