India’s MRPL sells 35,000 tonnes naphtha for mid-July

17 June 2013 03:35  [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 13-15 July, traders said on Monday.

The deal for the cargo was done at a premium of $26-27/tonne (€19.50-20.15/tonne) to Middle East quotes FOB (free on board) and the buyer was oil major BP, they added.

MRPL previously sold by tender a 35,000-tonne naphtha cargo, for loading from the New Mangalore port on 6-8 July, to Shell, at a premium of $34.50/tonne to Middle East quotes FOB.

($1 = €0.75)


By: Felicia Loo



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