Reliance has fetched a US$30/ton premium to Middle East quotes on a FOB basis on the 35,000 ton naphtha parcel sold via tender to PetroChina for Jan end lifting. This parcel - the second from its new 580,000 bpd Jamanagar SEZ refinery - has fetched about US$7 - 9/ton higher than its previous cargo.
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Friday, January 23, 2009
Reliance fetch US$30/ton premium on naphtha parcel amid low supply in China
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