11 March 2008 16:45 [Source: ICIS news]
The 55,000 tonne/month granular urea unit, based in Helwan, south of
The shutdown would not cause any major disruption to its customers although it would mean less spot availability, Helwan said.
Instead of offering its remaining March product to the export market, Helwan was in negotiations to commit up to 40,000 tonnes instead of its usual 25,000 tonnes to the domestic market.
The price was also still under discussion.
Last month, the Egyptian producers were paid $425/tonne (€276/tonne) FCA (free carrier) for the tonnes committed to the domestic market.
($1 = €0.65)
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