India’s MRPL offers 35,000 tonnes naphtha for 20-22 August

30 July 2013 03:15  [Source: ICIS news]

SINGAPORE (ICIS)--India’s Mangalore Refinery and Petrochemicals Ltd (MRPL) is offering by tender a 35,000 tonne naphtha cargo for loading from New Mangalore on 20-22 August, according to a tender document obtained by ICIS on Tuesday.

The tender closes on 1 August, with bids to stay valid until 2 August, it showed.

In its previous tender, MRPL sold a similar-sized naphtha cargo for loading from New Mangalore on 12-14 August, to trading firm Arcadia.

The deal for the cargo was done at a premium of $24.50/tonne (€18.40/tonne) to Middle East quotes FOB (free on board).

($1 = €0.75)

By: Felicia Loo

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