Thursday, May 03, 2012

Robust demand props BPCL premiums by 10% on May naphtha cargo

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- a near 10% hike triggered by strong demand for May carrgoes, as per Reuters.

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