17 June 2013 03:38 [Source: ICIS news]
SINGAPORE (ICIS)--India’s Reliance Industries Ltd (RIL) has sold 55,000 tonnes of spot naphtha supply to Vitol for 5-10 July loading from Sikka, traders said on Monday.
The deal for the cargo was done at a premium of $23.00-24.00/tonne (€17.25-18.00/tonne) to Middle East quotes FOB (free on board), they added.
RIL last sold 35,000 tonnes of spot naphtha supply to trading firm Mercuria for loading at a premium of $29.50/tonne to Middle East quotes FOB. The loading of the cargo from Sikka is scheduled on 24-28 June.
($1 = €0.75)
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