IFA '10: Turkey’s Bagfas sells DAP to Nepal

02 June 2010 11:18  [Source: ICIS news]

PARIS (ICIS news)--Turkish phosphate fertilizer producer Bagfas has sold two cargoes of diammonium phosphate (DAP) to Nepal, a company source said on Wednesday.

Speaking from the sidelines of the International Fertilizer Industry Association (IFA) conference taking place in Paris, the source said that Bagfas had sold two DAP cargoes, each of 10,500 tonnes, at $460/tonne (€377/tonne) FOB (free on board) bagged to trader company Ost Olgun.

The cargoes would ship in June and July, the source added.

Bagfas would enter a one-month turnaround at its Bandirma plant in mid-july.

The IFA conference takes place from 31 May to 2 June.

($1 = €0.82)

For more on DAP visit ICIS pricing fertilizers
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By: Mike Nash
+44 20 8652 3214

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