09 September 2010 17:31 [Source: ICIS news]
Qatar Fertilizer Co (QAFCO) has been in negotiations this week with a trader, reportedly Mitsui, for a 10,000 tonne spot cargo for October shipment with its target price at $400/tonne FOB (free on board).
However, as yet, there has been no deal concluded.
Meanwhile, Ruwais Fertilizer Industries (Fertil) is also reported to be offering an October cargo at $400/tonne FOB.
Last spot business out of the Middle East was concluded at $370/tonne FOB when
Middle East spot availability is limited, with the majority committed under contract, while at the same time demand from traders for shipment to the Far East and
($1 = €0.79)
For more on ammonia visit ICIS pricing fertilizers
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