Middle East: Pressure on prices mounts ahead of STC

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Middle East: Pressure on prices mounts ahead of STC

机译：中东：在STC之前，价格压力越来越大

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Downward pressure on Middle East prices was substantial this week ahead of the May 12 announcement of the May 19 STC tender in India. Netbacks from key markets such as the US and Brazil deteriorated substantially for relatively prompt positions, and forward quotes in both markets suggested that significant additional cuts would be needed to secure spot sales.

机译：在5月19日印度STC招标5月12日宣布之前，本周中东价格面临巨大下行压力。相对较快的头寸，来自美国和巴西等主要市场的净回报显着下降，并且两个市场的远期报价都表明，为确保现货销售，还需要进行大量的额外削减。

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《Fertilizer Week》 |2016年第may12期|共1页
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Middle East: Pressure on prices mounts ahead of STC

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