Higher prices than expected for Fact’s tender to purchase ammonia
Published by Nicholas Woodroof,
Editor
Dry Bulk,
Argus Media has reported that prices were higher in Indian fertilizer producer Fact's tender to buy four 7500 t cargoes of ammonia awarded to trading companies Trammo and CIFC.
The first three cargoes were awarded to Trammo at US$380/t cost and freight (cfr) in cash and the fourth to CIFC at US$335/t cfr (cash). The prices are US$25 – 70/t higher than the previously assessed India cfr price at US$310 – 320/t cfr.
The 3 July tender requested the delivery of the cargoes within the following periods:
10 July - 22 July
1 August - 5 August
13 August - 17 August
29 August - 2 September
Read the article online at: https://www.drybulkmagazine.com/dry-bulk/09072018/higher-prices-than-expected-for-facts-tender-to-purchase-ammonia/
You might also like
C3is Inc. announces pricing of US$9 million public offering
C3is Inc. announce the pricing of a public offering made on a reasonable best efforts basis with gross proceeds to the Company expected to be approximately US$9 million.