11 April 2013 10:05 [Source: ICIS news]
SINGAPORE (ICIS)--India’s Bharat Petroleum Corp Ltd (BPCL) has sold by tender two 38,000 tonne naphtha cargoes for loading from Mumbai in May, traders said on Thursday.
The buyer was PetroDiamond, they added.
The deal for the cargo for loading on 9-11 May was done at a premium of $38.00/tonne (€29.20/tonne) to Middle East quotes FOB (free on board) quotes, while the second cargo fetched a premium of $36/tonne to Middle East quotes FOB for loading on 19-21 May, traders said.
BPCL last sold by tender a 35,000 tonne naphtha cargo to Japanese company Marubeni for loading from Kochi between 30 April and 3 May. The deal for the cargo was done at a premium of $50-51/tonne to Middle East quotes FOB.
($1 = €0.77)
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.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections