Europe: OCP says Q1 phosacid price cut by $60/mt

摘要

OCP agreed new phosphoric acid contracts with buyers across Europe, marking a decline of roughly 6% from the previous contract for the second half of 2015. The company said the price declined by around $50/mt on a 100% P2O5 basis for technical use and by around $60/mt on a 100% P2O5 basis for fertilizer usage. As a result, OCP said its new phosphoric acid prices to Europe lie in the $850-950/mt CFR 100% P2O5 range.