24 June 2010 07:50 [Source: ICIS news]
SINGAPORE (ICIS news)--Indian Oil Corp (IOC) is offering via tender 65,000 tonnes of naphtha for loading in the second half of July, a trader said on Thursday.
IOC offered 30,000 tonnes of naphtha for loading from Kandla on 20-24 July and another 35,000 tonnes for loading from Chennai on 25-28 July, he said.
The tender closes on 30 June, the trader added.
Asia's first half August naphtha contract tumbled to $654.50-657.50/tonne CFR (cost and freight) Japan on Thursday, according to prices assessed by ICIS.