Indian company sells 30,000 tons May cargo of naphtha at ten dollar premium

India's Mangalore Refinery and Petrochemicals Ltd has sold 30,000 tons of naphtha for H1-May loading at a premium of over ten dollars. The cargo, to be loaded in first week May was sold to Glencore and is being delivered in a LR2-type vessel, which can carry 75,000-100,000 tons of naphtha. Larger ships can carry supplies for several buyers at one time, leading to lower shipping cost, which raises the premium for the naphtha cargo.
  More News  Post Your Comment
{{comment.Name}} made a post.




There are no comments to display. Be the first one to comment!


Name Required.


Email Id Required.

Email Id Not Valid.


Mobile Required.

Email ID and Mobile Number are kept private and will not be shown publicly.

Message Required.

Click to Change image  Refresh Captcha