26 March 2008 16:36 [Source: ICIS news]
LONDON (ICIS news)--A cargo of US phosphate fertilizer has been sold for export at prices up $100/tonne from last week to reach a new record on strong demand, a trader source confirmed on Wednesday.?xml:namespace>
This was up by $100/tonne on last done business at $1,050/tonne FOB for US DAP, again sold into
DAP prices have now almost doubled from $600/tonne FOB Tampa at the beginning of January, fuelled by strong demand as a result of high crop prices and tight supply due to feedstock shortages.
($1 = €0.64)
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|