India’s Reliance Industries has sold 50,000 tons of naphtha for end July loading to Glencore at a premium of US7/ton to Middle East quotes on free on board basis. This translates to barely 50% of the premiums it had fetched for an earlier parcel.
For more details on Reliance’s naphtha deal with Glencore results in half the premiums it had fetched for an earlier parcel click here
Saturday, July 03, 2010
Reliance’s naphtha deal with Glencore results in half the premiums it had fetched for an earlier parcel
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