Thursday, October 04, 2007

30,000 ton naphtha cargo offered by MRPL at a discount

Mangalore Refinery and Petrochemicals Ltd (MRPL) has sold a 30,000 ton naphtha cargo for H2-October loading at a discount as against a premium commanded for its previous sale. Ample supplies from India and soft demand for H1-November delivery cargoes from Northeast Asian petrochemical producers could be the factors affecting this drop in cargo values.

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