Wednesday, December 23, 2009

Indian Oil Corp fetches very high premiums for naphtha for Q1 lifting to Itochu

Indian Oil Corp (IOC) has fetched a very high premium on 90,000 tons of naphtha sold for Q1-2010 lifting to Itochu. The premium is six times higher than what it had fetched from Malaysia for parcels llifting in September-December on robust demand and limited supplies.

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