13 February 2008 15:36 [Source: ICIS news]
LONDON (ICIS news)--US-based Phosphate Chemicals Export Association (PhosChem) has sold a cargo of diammonium phosphate (DAP) fertilizer at a new record of $800/tonne (€552/tonne) FOB (free on board) Tampa, sources at the organisation said on Wednesday.
The price for the 6,000 tonne DAP cargo was up $15/tonne on PhosChem’s last business into ?xml:namespace>
PhosChem was now under offer at $815/tonne FOB.
Earlier in the week, PhosChem announced a 1m tonne DAP supply contract with
Prices from all sources have continued to rise inexorably, with Tunisian product already sold at $810/tonne FOB and Russian and Moroccan DAP being offered as high as $850/tonne FOB.
At the same time, rising export duties in
PhosChem members comprise
($1 = €0.69)
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