India's ONGC sells naphtha from Mumbai at $21/t premium

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India’s Oil and Natural Gas Corp (ONGC) has sold a naphtha cargo for second half of June lifting at a high premium of $21/tonne (€15/tonne), industry sources said on Monday. The 35,000 tonne cargo was sold to Totsa at a premium of $21/tonne to Middle East quotes FOB (free on board) for lifting over 24-25 June from Mumbai on the west coast of India. The latest premium was $17-18/tonne more than what it had clinched for its early June cargo. The early-June cargo was sold to Sempra at a premium of $3-4/tonne to Middle East quotes FOB (free on board) Mumbai for lifting over 3-4 June.
2009-06-01 收起回复

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