Europe: NPK prices quoted lower this week with limited activity

摘要

Activity remains slow in the European NPK market, but with suppliers largely sold out through June after selling product to other markets, sources are confident that higher prices can soon be achieved for the multi- component fertilizer in Europe. Indications for current Baltic NPK 15-15-15 have fallen slightly to $320-335/mt FOB while 16-16-16 prices are down by $5/mt to $335-345/mt FOB. OCP quote European prices for 15-15-15 at $350/mt FOB but deals at this level are unconfirmed at this point.