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India's Mangalore Refinery and Petrochemicals Ltd (MRPL) has awarded its naphtha sell tender for the second half of March at a premium of $35-36/tonne to published Middle East FOB (free-on-board) quotes.
The tender was for a 30,000-tonne cargo of naphtha to be lifted over 24-26 March from New Mangalore. The cargo was awarded to trader Cargill after it closed on 10 February.
MRPL had previously sold a cargo Japanese trader Petrodiamond at a premium of $29.00/tonne to Middle East quotes for lifting over 24-26 February from New Mangalore.
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