14 October 2013 03:56 [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 the New Mangalore port on 19-21 November, traders said on Monday.
The deal for the cargo was done at FOB (free on board) Middle East quotes plus $20/tonne (€15/tonne), they said.
The buyer was Japanese trading firm ITOCHU.
In its previous tender, MRPL sold a similar-sized naphtha cargo for loading on 3-5 November from the New Mangalore port, to Japanese trading firm Marubeni.
The deal for the cargo was done at a premium of $17.00/tonne (€12.58/tonne) to Middle East quotes FOB.
($1 = €0.74)
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