India’s BPCL sells 26,000 tonnes naphtha ex-Kochi
25 October 2013 07:55 [Source: ICIS news]
SINGAPORE (ICIS)--India’s Bharat Petroleum Corp Ltd (BPCL) has sold by tender 26,000 tonnes of naphtha
for loading from Kochi between 31 October and 2 November, traders said on Friday.
Chinese trading firm Unipec was the buyer and the deal for the cargo was done at a premium of $27-28/tonne (€19-20/tonne) to Middle East quotes FOB, they added.
BPCL previously sold
by tender 11,000 tonnes of low aromatic naphtha for loading from Haldia on 25-31 October.
The deal for the cargo was done at parity against Middle East quotes FOB (free on board) pricing. Trading firm Glencore was the buyer.
($1 = €0.72)By: Felicia Loo
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