OCP continues to diversify its ammonia supply sources. As reported above, this week OCP has purchased around 22,000t for August-loading out of Sillamae from Acron for delivery to Jorf Lasfar. The cargo will be shipped on OCI’s Wilhelm Schulte in two lots and the vessel is currently in Sillamae to load the first 11,000t cargo. The cargo is expected to arrive in Morocco at a price of around $250/t cfr, with the freight offered by OCI on the vessel estimated to be close to $30/t.
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