SINGAPORE, Sept 5 (Reuters) - Asia-Pacific crude market held steady on Monday after India's MRPL skipped purchases of sweet grades for a second straight month while Vietnam bought Champion for October delivery.
* TENDERS
- India's Mangalore Refinery and Petrochemicals skipped purchases of sweet crude for November via tender because of a lack of competitive offers, trading sources said.
It was the second month in a row that MRPL dropped the monthly tender. The company instead bought an extra cargo of Arab Super Light for October on top of its usual 20,000-22,000 barrels per day (bpd) supply from the kingdom, three sources familiar with the deal said.
"The participation was poor and offers were not attractive," said one of the sources with knowledge of the process.
- Vietnam's PV Oil has bought Brunei's light sweet crude via a import tender, skipping West African barrels, traders said.
PV Oil bought 600,000 barrels of Champion crude for October delivery, they said.
The purchase has not been confirmed. The seller and price details did not emerge.
