27 June 2013 05:16 [Source: ICIS news]
The deal for the cargo was done at a premium of $23/tonne (€18/tonne) to Middle East quotes FOB (free on board), they added. The cargo is scheduled for loading on 11-12 July.
In its previous tender sale, ONGC sold a 35,000 tonne naphtha cargo for loading from Hazira in early July, to Japanese trading firm ITOCHU. The deal for the cargo was done at a premium of $18.28/tonne to Middle East quotes FOB for loading on 5-6 July.
ONGC had earlier sold by tender a 35,000 tonne naphtha cargo for loading from Hazira on 23-24 June, at a premium of $26.25/tonne to Middle East quotes FOB.
Separately, in a previous tender for Mumbai loading, ONGC sold 35,000 tonnes of naphtha for loading on 4-5 June to oil major Shell, at a premium of $25.00/tonne to Middle East quotes FOB.
($1 = €0.77)
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.
|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|
Asian Chemical Connections