Asia Naphtha-MRPL sells 30KT Jan at higher premium

SINGAPORE, Dec 18 (Reuters) Mangalore Refinery and Petrochemicals Ltd. (MRPL) has sold 30,000 tonnes of naphtha for early-January loading at higher premiums than its previous sale to South Korea's SK Corp., traders said on Monday.

MRPL sold the cargo at a premium of between - a tonne to Middle East spot quotes, on a free-on-board (FOB) basis, for Jan. 3-5 loading from New Mangalore on the Indian west coast, they said.

MRPL last month sold a 30,000-tonne lot for loading on Dec.

19-21 from New Mangalore to Japanese trading house Itochu at a premium of around a tonne to Middle East spot quotes, on a FOB basis.

REUTERS DKS DS1406