MRPL sells mid-Jan naphtha at lower premium

SINGAPORE, Dec 21 (Reuters) Mangalore Refinery and Petrochemicals Ltd. (MRPL) has sold 30,000 tonnes of naphtha for mid-January loading to South Korea's SK Corp., at a lower premium than its previous sale to the same buyer, traders said on Thursday.

MRPL sold the cargo at a premium of around a tonne to Middle East spot quotes, on a free-on-board (FOB) basis, for Jan. 17-19 loading from New Mangalore on the Indian west coast, they said.

MRPL sold a similar cargo at a premium of between - a tonne to Middle East spot quotes, on a FOB basis, for Jan. 3-5 loading from New Mangalore earlier this month.

REUTERS CS PM1216