09 February 2011 15:59 [Source: ICIS news]
LONDON (ICIS)--Tunisian phosphate fertilizer producer Groupe Chimique Tunisien (GCT) shut down its diammonium phosphate (DAP) plant during the week commencing on 31 January due to a lack of phosphate rock supply as a result of civil unrest in the country, a source at the company said on Wednesday.
DAP production was shut down last week at the Gabes plant, which can produce 120,000 tonnes/month of product, and it was not offering any product at present, the source added.
“It’s not true that we shut down [all production] completely,” said the GCT source.
“We are running at reduced rates on triple super phosphate (TSP) at [our] Sfax [plant] and phosphoric acid continues to run normally for now,” the source added.
Asked when he expected the Gabes plant to come back on line, the source said: “I simply don’t know. We could restart at any time once the political situation improves.”
The source denied reports that the plant could take one month to restart.
“That’s not true either. We could restart quicker than that,” the source said.
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The news comes at a time when DAP prices are firm and supply tight. Most producers are sold out through February and many through March. The news was expected to tighten supply further in advance of the key US domestic spring season and contract negotiations in
“We are getting multiple inquiries from traders normally sourcing from
GCT is a major supplier of DAP to the global market, shipping to
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