India: Imported NPK prices extend declines

摘要

Imported NPK activity is reported at lower prices this week amid high stocks and competition for sales, according to market sources. Kribhco is rumoured to have purchased roughly 20-30,000 t NPK 12-32-16 from PhosAgro at $290-295/t CFR. In October, PhosAgro sold 20,000 t NPK 12-32-16 to India's Chambal for prompt shipment at roughly $300/t CFR, sources noted.