India’s MRPL sells 35,000 tonnes naphtha for 20-22 July to Unipec

20 June 2013 10:24  [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 20-22 July, traders said on Thursday.

Chinese trading firm Unipec was the buyer and the deal for the cargo was done at a premium of $27.38/tonne (€20.53/tonne) to Middle East quotes FOB (free on board).

In its previous tender sale, MRPL sold a similar-sized naphtha cargo for loading from the New Mangalore port on 13-15 July, to oil major BP. The deal for the cargo was done at a premium of $26.00-27.00/tonne to Middle East quotes FOB.

In an earlier tender, MRPL sold 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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