Liquid ammonia prices rise in the Middle East and Southeast Asia
Source:China fertilizer Author:solitary Qing Time:2014-08-22 Read:540second
The logistics of the chaos and the national natural gas policy restrictions, so that the sale of liquid ammonia and the supply limited. In the Yuzhny, because the Rossosh products in the Yuzhny only free trading, so almost no spot clearance, August all Togliatti products are sold through Nitrochem to the contract customers.
The Middle East Saudi Basic Industries Corporation sold 23000 tons of liquid ammonia to Trammo, for shipment in September, turnover of US $FOB512 / ton. Kuwait's PIC sold at least 10000 tons of liquid ammonia to Koch, for shipment in October, turnover of US $FOB520 / ton.
Indonesia's CJ 6000t last week closed the purchase standard, the bid winning result is: Mitsui company, the price of CFR569 dollars / ton, early September delivery.
At the same time, also in Indonesia, PIHC last Friday closed the sale of 10000 tons of tender results for: Fertcomm company, FOB540 dollars / ton, 8 month from buntine loading.
India market demand throw quite strong, FACT launched a new bid, will close in August 25th, the bidding quantity is 15000 tons. Two batch of 7500 tons of shipping, which were delivered in September 22-26 and October 6-10.