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Higher prices than expected for Fact’s tender to purchase ammonia

Published by
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/

 

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