Market attention is now switching towards India, where up to 800,000-1 million tonnes of business may be in play. Traders are reported to have taken July positions above $250/t f.o.b. for Chinese material, despite indications from Indian sources that point to pric- ing in the $270s/t cfr, yielding around $240/t f.o.b. China. Domestic pricing in China firmed in early June before softening, translating into price ideas for the export market in the $250s/t f.o.b. for prills and the $280s/t f.o.b. for granular product. With Chinese port inventories reportedly at over 1 million tonnes and a heavy influx of Iranian product, competition for sales in India is expected to be strong.
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机译:现在,市场注意力正在转向印度,那里可能有多达800,000-1百万吨的业务。据报道,贸易商的7月持仓量高于$ 250 / tF.o.b。尽管印度方面的消息表明价格为$ 270s / t CFR,约合$ 240 / tF.o.b。中国。 6月初,中国国内价格坚挺,然后有所回落,转化为出口市场的价格想法,为$ 250s / tF.o.b。造价和$ 280 / t F.o.b.用于颗粒状产品。据报道,由于中国港口库存超过100万吨,伊朗产品大量涌入,预计印度的销售竞争将很激烈。
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