Tuesday, October 09, 2012

Essar sells late Oct naphtha to Itochu at premiums that reflect a firm market

India's Essar Oil has sold 35,000 tons of naphtha to Itochu for Oct. 26-30 loading from Vadinar at about US$31-32/ton above Middle East quotes on a free-on-board (FOB) basis, with traders saying the ppremiums reflect a firm market, as per Reuters.




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