Markets

Indian Oil sells Dahej cargo at $40/T premium

Published October 10, 2012 Updated October 10, 2012 04:11am

 

The 35,000-tonne cargo premium was largely unchanged from a cargo IOC had previously sold to Socar for early October loading from the same port.

 

Despite India having restored its overall exports for October to more than 750,000 tonnes compared to less than 550,000 tonnes in September, traders said supplies were not in abundance due to lower European cargoes coming in this month versus last month.

 

Copyright Reuters, 2012