India’s ONGC sells 35,000 tonnes naphtha for early July

20 June 2013 10:16  [Source: ICIS news]

SINGAPORE (ICIS)--Indian state-owned refiner Oil and Natural Gas Corp (ONGC) has sold by tender a 35,000 tonne naphtha cargo for loading from Hazira in early July, to Japanese trading firm ITOCHU, traders said on Thursday.

The deal for the cargo was done at a premium of $18.28/tonne (€13.71/tonne) to Middle East quotes FOB (free on board) for loading on 5-6 July, they added.

ONGC previously sold by tender a 35,000 tonne naphtha cargo for loading from Hazira on 23-24 June. The deal for the cargo was done at a premium of $26.25/tonne to Middle East quotes FOB.

($1 = €0.75)


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

ICIS news FREE TRIAL
Get access to breaking chemical news as it happens.
ICIS Global Petrochemical Index (IPEX)
ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index