India’s MRPL sells 35,000 tonnes naphtha for 11-13 September

22 August 2013 05:15  [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 New Mangalore on 11-13 September, traders said on Thursday.

The tender was awarded to Chinese trading firm Unipec at a premium of $23.50/tonne  (€17.63/tonne) to Middle East quotes FOB (free on board), they added.

In its previous tender, MRPL sold a similar-sized naphtha cargo to Unipec, for loading from New Mangalore on 2-4 September.

The deal for the cargo was done at a premium of $27.50/tonne to Middle East quotes FOB.

($1 = €0.75)

By: Felicia Loo

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