Synthetic ammonia this week the Saudi Basic Industries Corporation sold about 70000 tons. The Yarra from Saudi Basic Industries Corporation purchased 25000 tons of goods, the price is FOB 460 dollars / ton, is expected in August shipment. This price is the highest price in the middle east. The company said the Yarra shipping destination is still to be finalised, but it is understood, manufacturers have place an order in the expected improvement in the future, scheduled in late August to September to take the goods time.

Saudi Basic Industries Corporation sold a number of the August contract supply.

Synthetic ammonia this week the Saudi Basic Industries Corporation sold about 70000 tons. The Yarra from Saudi Basic Industries Corporation purchased 25000 tons of goods, the price is FOB 460 dollars / ton, is expected in August shipment. This price is the highest price in the middle east. The company said the Yarra shipping destination is still to be finalised, but it is understood, manufacturers have place an order in the expected improvement in the future, scheduled in late August to September to take the goods time.

In addition, the Saudi Basic Industries Corporation announced today, the company has sold about 46000 tons of synthetic ammonia to Trammo, is expected to August shipment. The price is not clear, may be Trammo in order to ensure the safety of Saudi Basic Industries Corporation August shipment. There is also a part of the reason is because Egypt's OCI- EBIC, and KPI of Indonesia factory supply shortage.

Overall, the relative balance of supply and demand in eastern area, the July Muntajat Jordan and Trammo CFR with a large number of sources of trading to JPMC. From Yuzhnyy loading cargo ship ship unloading on 6 July, Nichia's, so this week Muntajat, has already become a warehouse on the market.