India’s MRPL sells 35,000 tonnes naphtha for 8-10 October

12 September 2013 08:23  [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 8-10 October, traders said on Thursday.
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Trading firm PetroDiamond was awarded the tender, they added.

The deal for the cargo was done at Middle East quotes FOB (free on board) pricing plus $29/tonne (€22/tonne), traders said.

MRPL previously sold by tender a 35,000 tonne naphtha cargo for loading from New Mangalore on 1-3 October.

Japanese trading firm Idemitsu bought the cargo at a premium of $26/tonne (€20/tonne) to Middle East quotes FOB.
By: Felicia Loo



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