Ameropa is linked to the purchase of 15-16,000 t SBU prills in the $240s/t FOB for loading September 15-25 for Pipavav, India against awards in the MMTC August 26 tender. The tonnes will likely be combined with 35,000 t previously secured from TogliattiAzot. Awards in the MMTC tender at $288.89/t West Coast India and a freight cost package to load from Baltic ports in the mid to high $30s/t provides theoretical netbacks in the low $250s/t FOB.
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