India’s MRPL sells 35,000 tonnes naphtha for 24-26 June

21 May 2013 05:38  [Source: ICIS news]

SINGAPORE (ICIS)--India’s Mangalore Refinery and Petrochemicals Ltd (MRPL) has sold by tender a 35,000 tonne naphtha cargo for loading from the New Mangalore port on 24-26 June, traders said on Tuesday.

Chinese trading firm Unipec bought the cargo at a premium of $31.50/tonne (€24.57/tonne) to Middle East quotes FOB (free on board), they added.

In its previous tender, MRPL sold a 35,000 tonne naphtha cargo to Japanese firm ITOCHU for loading from New Mangalore on 13-15 June, at a premium of $31.50/tonne to Middle East quotes FOB.

($1 = €0.78)

By: Felicia Loo

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