India MRPL offers 30,000 tonnes for June

SINGAPORE, May 18 (Reuters) The Mangalore Refinery and Petrochemical Ltd. (MRPL) has issued a tender to sell 30,000 tonnes of naphtha for early June loading, the first lot for the month, a trading document showed on Thursday.

The tender will close on May 23, with one-day validity for the loading between June 8-10 from the West Coast port of New Mangalore.

MRPL, which sold three cargoes for May lifting, awarded a 30,000-tonne naphtha parcel to Swiss trader Vitol at a premium of a tonne to West Asia spot quotes, on a free-on-board (FOB) basis, for May 26-28 loading from New Mangalore via its regular tender earlier this month, traders said.

REUTERS CS PM1137