India ammonia prices rise in Fact tender
Indian fertilizer producer Fact has awarded its 28 May tender for 7,500t of ammonia at $314/t cfr, $9/t higher than the price at which it bought a similar cargo in April.
The tender was awarded to trading company Trammo. The shipment is requested for delivery to Kochi from 21-25 June.
Fact received two offers under the tender, with trading company CIFC offering higher at $319/t cfr.
Prices in India were last assessed by Argus at $285-314/t cfr.
Related news posts
Business intelligence reports
Get concise, trustworthy and unbiased analysis of the latest trends and developments in oil and energy markets. These reports are specially created for decision makers who don’t have time to track markets day-by-day, minute-by-minute.
Learn more