Egypt: Phosphate rock price rises slightly

摘要

Deals of Egyptian 63-68% BPL phosphate rock to India are reported by some sources at $68-70/t CFR to West Coast and $80-83/t CFR to the East Coast, roughly $3-5/t up on recent sales. Despite this, another slight rise in freight rates brings the likely netback prices for India deals to $45-56/t FOB Egypt, roughly $2/t higher than the netback for deals to India in June/July.