02 October 2009 12:23 [Source: ICIS news]
LONDON (ICIS news)--Yuzhny ammonia prices have risen by around $30/tonne (€21/tonne) from the last completed business following sales by Ukrainian producer ?xml:namespace>
Trader Transammonia purchased a total of 25,000-30,000 tonnes from
There were varied reports on the prices paid for the cargoes, sources noted.
Some sources reported that the first 15,000-tonne lot was earlier purchased at $270/tonne FOB (free on board), while the second was purchased at $290-300/tonne FOB at the end of last week.
Other sources said the average price was around $287/tonne FOB.
The last completed business in Yuzhny was when Odessa Port Plant sold ammonia to Yara at $260/tonne FOB.
Netbacks from shipments to the
Yuzhny ammonia prices had been expected to rise on limited supplies and good demand from Europe and the
($1 = €0.69)
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|
Asian Chemical Connections