Crucial Indian phosphoric acid deal still absent

摘要

Granular phosphate prices remain largely flat this week as the second quarter neared its end without the Indian phosphoric acid contract price. Negotiations over the delayed contract between OCP and India met some difficulty this week. Reports that IFFCO purchased some volumes of phosacid for Q2/Q3 at a price of $600/mt CFR 100% P2O5 raised eyebrows and was disputed by a range of major producers.