ONGC sold 35,000 tons of naphtha for April 14-15 loading from Mumbai to Unipec at premiums of US$42/ton to Middle East quotes on a free-on-board (FOB) basis, as per Reuters. Another cargo of 35,000 tons for April 30 to May 1 loading from Hazira was sold to Total at premiums of US$43/ton. Premiums remain largely stable when compared to the average premiums for March cargoes lifting from Indian ports.
31-Mar-12 
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