Indian Oil offers 30,000 tonnes naphtha for early June

09 May 2013 05:08  [Source: ICIS news]

SINGAPORE (ICIS)--Indian Oil Corp (IOC) is offering by tender a 30,000 tonne naphtha cargo for loading from Kandla on 3-5 June, traders said on Thursday.

The tender closes on 15 May, with bids to stay valid until 16 May, they added.

IOC last sold by tender a 30,000 tonne naphtha cargo for loading from Kandla on 23-25 May. The buyer was Total and the deal for the cargo was done at a premium of $24.00/tonne (€18.24/tonne) to IOC pricing formula FOB (free on board).

($1 = €0.76)


By: Felicia Loo



AddThis Social Bookmark Button

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.

Printer Friendly