29 September 2009 16:16 [Source: ICIS news]
HOUSTON (ICIS news)--The contract price of benchmark US Tampa ammonia for all October shipments rose 6% from September to $345/tonne (€235/tonne) CFR (cost and freight), sources involved in the negotiations said on Tuesday.
Supplies of ammonia in the US Gulf were tight in September ahead of an anticipated strong fall fertilizer application season.
The October price of $345/tonne was expected to be the peak for the season, sources said.
($1 = €0.68)
To discuss issues facing the chemical industry go to ICIS connect
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|