India’s Essar Oil sells 35,000 tonnes naphtha for 14-18 May

18 April 2013 10:39  [Source: ICIS news]

SINGAPORE (ICIS)--India’s Essar Oil has sold by tender a 35,000-tonne naphtha cargo for loading from Vadinar on 14-18 May, traders said on Thursday.

Japanese trading firm Marubeni was the buyer, they said.

The deal for the cargo was done at a premium of $30.50/tonne (24.49/tonne) to Middle East quotes FOB (free on board), traders said.

 ($1 = €0.77)

By: Felicia Loo

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