November 17, 2017 / 9:20 AM / 2 months ago

BUZZ-Indian MRPL sells Dec naphtha; premiums hold firm

** India’s Mangalore Refinery and Petrochemicals Ltd (MRPL) sells naphtha for Dec 10-12 loading at about $21 above Middle East quotes on a free-on-board (FOB) basis, the highest it has fetched in over 21 months

- MRPL sells 35,000 tonnes of the fuel to Japan’s Idemitsu

- Fresh premium highest for MRPL since it sold a cargo more than a year ago for February 2016 loading at $22 a tonne premium

Reporting by Seng Li Peng

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