Turkey: NP/NPK prices drop $5-10/t

摘要

In the last month, Turkey’s NP/NPK domestic prices have declined $5-10/t due to currency depreciation and limited demand, market sources note. NPS 20-20-0-13 prices inland are now pegged at $230-235/t FOT, down from $240/t FOT in April. NPK 15-15-15 prices inland are reported at $255-260/t FOT, down from $265/t FOT. Lower prices in the domestic market and lira depreciation have also supported a rise in export availability from Turkey for May/June shipment.