India’s MRPL offers 35,000 tonnes naphtha for H2 June loading

14 May 2013 03:06  [Source: ICIS news]

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

The loading of the cargo from the New Mangalore port is scheduled on 24-26 June, it stated.

The tender closes on 16 May, with bids to stay valid until 17 May, the document showed.

In its previous tender, MRPL sold a 35,000 tonne naphtha cargo to Japanese firm ITOCHU for loading from the New Mangalore port on 13-15 June.

The deal for the cargo was done at a premium of $31.50/tonne (€24.26/tonne) to Middle East quotes FOB (free on board).

($1 = €0.77)

By: Felicia Loo

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