Lots of bullish news floating around but thought I would share this.
US GULF/TAMPA:
Late last week, Transammonia bought
DAP from Agrifos out of Pasadena, Texas at $474/mt FOB US
Gulf. By the end of this week prices for DAP out of Tampa had
moved up sharply, with again Transammonia paying $500/mt
FOB Tampa to CF for 30-50,000 mt of DAP. PhosChem is
believed to have rejected bids below that level this week, after
previously offering as low as $470/mt FOB one week earlier.
PhosChem has not made new export sales this week.
Meanwhile, Transammonia sold 45,000 mt loading in
February to an Australian buyer on a market related formula.
The trader also has sold 80-100,000 mt of DAP for Pakistan
on a formula basis, although there are rumours one of the
cargoes may have been fixed priced. One cargo will load
for Pakistan in February, and a second will load in March.
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- dap tops $500 per tonne
Lots of bullish news floating around but thought I would share...
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Open | High | Low | Value | Volume |
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---|---|---|
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12 | 3660283 | 0.011 |
5 | 4245002 | 0.010 |
7 | 4617722 | 0.009 |
7 | 2117999 | 0.008 |
Price($) | Vol. | No. |
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0.014 | 3023982 | 9 |
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