BPCL offers 90,000 tons of low-aromatic naphtha for August-October lifting

19-Jul-10
Lackluster market sentiments have triggered weak demand set off by an influx of spot barrels expected next month in Asia. Bharat Petroleum Corp Ltd (BPCL) offers a total 90,000 tons of low aromatic naphtha for August-October lifting from Mumbai. 30,000 tons will be sold each month for the three-month period by tender, closing July 17. However, premiums are likely to be impacted by the advent of over 1.4 mln tons of naphtha from Kuwait, India and the West.
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