Wednesday, May 02, 2012

Premiums up by 10% on BPCL’s naphtha sales

Bharat Petroleum Corp Ltd (BPCL) has sold a naphtha cargo to Marubeni at about US$45/ton above Middle East quotes on a free-on-board (FOB) basis. Premiums have risen by nearly 10%, amid strong demand for May cargoes, as per Reuters.

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