Rumoured Trammo cargo from AG to US Gulf

摘要

A talking point this week has been the possible sale of a large cargo from an AG producer to Trammo. The cargo is rumoured to be 35,000t, and scheduled for arrival late-June in the US Gulf. Qafco and PIC have been linked with the sale, but there was no confirmation by press-time. The Steven N appears a definite candidate to carry the cargo, but no fixture is reported as yet. The possibility of AG tonnes moving to the US could further depress Yuzhnyy prices, which are set to move down following the announcement at the beginning of this week of a new KIP at $420/t, down by $60/t on the previous KIP. New business is not expected this week in Ukraine, where public holidays started today and run through to 5 May.