Spot prices in the Middle East are expected to fall sharply - and quickly - in the near term following reports this week that Indian buyers are targeting prices at around $700/t cfr. Freights from Arab Gulf to India are estimated in a $36-42/t range, reflecting fob returns of around $660-670/t fob for AG suppliers, should Indian buyers succeed in bringing prices to the level targeted. Adnoc's August contract for India is fixed at $770/t fob Ruwais.
展开▼
机译:继本周有报道称印度买家将目标价定在$ 700 / t CFR左右之后,中东的现货价格预计将在短期内急剧下降。阿拉伯湾到印度的运费估计在$ 36-42 / t范围内,如果印度买家成功将价格提高到目标水平,则对AG供应商的FOB回报约为$ 660-670 / t FOB。 Adnoc 8月印度合同价为$ 770 / t FOB Ruwais。
展开▼