25 April 2013 10:49 [Source: ICIS news]
SINGAPORE (ICIS)--India’s Hindustan Petroleum Corp Ltd (HPCL) has sold by tender 25,000-30,000 tonnes of naphtha for loading from Visakhapatnam port on 8-10 May, traders said on Thursday.
State Oil Company of the Azerbaijan Republic SOCAR was the buyer of the cargo, which fetched a premium of $38.68/tonne (€29.78/tonne) to Middle East quotes FOB (free on board), they added.
HPCL last cancelled a tender to sell 25,000-30,000 tonnes of naphtha for loading from Visakhapatnam port on 15-17 April, largely because of low bid levels.
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