Egypt: Phosphate rock price stability extends

摘要

Egyptian 60-68% BPL phosphate rock price stability has extended into the second quarter, with supply largely unaffected by Covid-19 measures, market participants report. Prices of 65-66% BPL phosphate rock from Egypt to India were cited as low as $60-61/t CFR by a trader, likely reflecting around $48/t FOB Egypt following freight declines, but sales at this level have yet to be confirmed.