India: Reports of deals struck below $400/mt CFR

摘要

A number of Indian buyers are linked with ammonia spot cargoes secured in the past two weeks substantially below $400/mt CFR. IFFCO has secured a 23,000 mt parcel ex-Black Sea from Ameropa for delivery to Kandla February 10-15. The price is reported still under discussion but could yield values around $370-380/mt CFR.