Indonesia: Pupuk Kaltim to shut down one ammonia plant

摘要

Pupuk Kaltim is widely reported to be shutting its 1A plant for maintenance from mid-June for at least one month. Regular Kaltim ammonia offtaker Mitsui bought a 15,000 t spot cargo from Malaysia's Petronas this week at $212/t FOB for July loading. This is up $17/t on last week's high end Southeast Asia price.