Thursday, March 11, 2010

25% cut in naphtha premiums vs previous week realized by IOC

Indian Oil Corp has sold 30,000 tons of naphtha by tender for March 31-April 2 lifting to a Northeast Asian trading house at a premium in the low US$20/MT range, pegged to its’ price formula on a freee-on-board (FOB) basis.

For more details on 25% cut in naphtha premiums vs previous week realized by IOC click here

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