India’s MRPL offers 35,000 tonnes naphtha for early June

30 April 2013 02:29  [Source: ICIS news]

SINGAPORE (ICIS)--India’s Mangalore Refinery and Petrochemicals Ltd (MRPL) is offering by tender a 35,000 tonne naphtha cargo for early June loading, according to tender document obtained by ICIS on Tuesday.

The cargo is scheduled for loading from the New Mangalore port on 5-7 June, it stated.

The tender closes on 2 May, with bids to stay valid until 3 May, the document showed.

In its previous tender, MRPL sold a similar-sized cargo to PetroChina for loading from the New Mangalore port on 26-28 May.

The deal for the cargo was done at a premium of $38.50/tonne (€29.26/tonne) to Middle East quotes FOB (free on board).

($1 = €0.76)

By: Felicia Loo

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