Saudi declares $151 /t fob for October

摘要

The China market remains weak with end-users pressurizing traders to liquidate positions this week in the low-mid- high $160s/t cfr. Nevertheless suppliers are convinced the market is at the foor and contend that Chinese end-users will return en masse in the second half of September to cover requirements for the domestic fertilizer season. As a result Aramco Trading declared $151/t fob Jubail for October liftings, equivalent to $170-172/t cfr China ports.