India’s BPCL sells naphtha cargo to Vitol for 9-14 April loading

28 March 2013 02:18  [Source: ICIS news]

SINGAPORE (ICIS)--India’s Bharat Petroleum Corp Ltd (BPCL) has sold by tender a 35,000 tonne naphtha cargo to trading firm Vitol for loading from Kochi on 9-14 April, traders said on Thursday.

The deal for the cargo was done at a premium of $56/tonne (€44/tonne) to Middle East quotes FOB (free on board), they added.

BPCL last sold by tender 18,000 tonnes of naphtha for loading from Mumbai on 24-29 March. The deal for the cargo was done at a premium of $52/tonne to Middle East quotes FOB and the buyer was Dutch trading firm Trafigura.

($1 = €0.78)


By: Felicia Loo



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