AMMONIA: Trammo pays $512/tonne FOB for SABIC spot cargo

14 August 2014 15:02 Source:ICIS

In Saudi Arabia, SABIC says it has sold 23,000 tonnes of spot ammonia to Trammo at $512/tonne FOB for second half September loading.

The price is slightly higher than that achieved last week when the producer sold 25,500 tonnes to Yara at $508/tonne FOB for mid-September lifting.

Trammo has yet to nominate a vessel to lift the cargo from Jubail on 20 September.

By Richard Ewing