Motilal Oswal
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Motilal Oswal
Oct 11, 2018 12:55 PM IST | Energy

MRPL naphtha sales premium drops to over 1-year low

The Indian refiner sold 35,000 tonnes of naphtha for Nov 10-12 loading from New Mangalore late on Wednesday to oil major BP at premiums of about $6 to $7 a tonne to Middle East quotes on a free-on-board (FOB) basis.
This was down by about half versus the average of $12.75-a-tonne premium the state-owned refiner had garnered for two cargoes sold last month.
MRPL naphtha sales premium drops to over 1-year low
Published Date: Oct 11th, 2018 12:55 PM | Updated Date: Oct 11, 2018 12:55 PM IST

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