IOC sells 180KT April-Sept naphtha to Vitol

SINGAPORE, Mar 15 (Reuters) Indian Oil Corp (IOC) has sold 180,000 tonnes of naphtha for April-September loading from Kandla on the country's west coast to Vitol, traders said on Thursday.

One trader said the country's largest refiner had received around - a tonne above the price formula between Argus and Platts, on a free-on-board (FOB) basis, for the cargoes.

One 30,000-tonne cargo will be loaded between the 21st and 25th of each month beginning in April.

REUTERS PV BST1238