Asia Naphtha-India's BPCL sells early-Dec Mumbai stem

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SINGAPORE, Nov 27 (Reuters) India's Bharat Petroleum Corp Ltd has sold a 30,000-tonne naphtha cargo to be loaded from the western port of Mumbai in early December at a weaker price than a previous sale, a trading source said on Tuesday.

BPCL sold the Dec. 2-6 loading cargo to European trader Vitol at a a tonne discount to Middle East spot quotes, free-on-board (FOB) Mumbai basis.

The company last sold a Dec. 12-16 loading cargo to Sempra Energy at a 50-cent a tonne premium to Middle East spot quotes, FOB Mumbai.

Indian refiners have sold or offered at least 520,000 tonnes of December-loading naphtha so far.


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