Bharat Petroleum Corp Ltd June exports about 41% higher than for May

Bharat Petroleum Corp Ltd (BPCL) sold 18,000 tons of June naphtha to Unipec, bringing its total sales for June export to about 238,000 tons- about 41% higher than for May, as per Reuters. The 18,000 ton cargo, scheduled for June 15-20 lifting from Mumbai, was sold late on Wednesday at a premium of around US$20/ton to Middle East quotes on a free-on-board (FOB) basis from its Bina refinery. Restoration of supplies from India is coming at a time of weak demand.
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