Tuesday, August 18, 2009

BPCL realizes lower premiums for prompt shipment naphtha

India's Bharat Petroleum Corp. Ltd. (BPCL) has realized lower than last month premiums on a low-aromatic naphtha grade cargo for late August-early September lifting. At a time when Indian suppliers arre raking in increased premiums, the reverse has happened with this deal mainly due to the prompt shipment of the cargo, which gives traders little time to seek end users.

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