Lotte Fine Chemical, a South Korean importer, has agreed to deals with six suppliers to provide its required 700 000 - 750 000 tpy 2019 ammonia supply.
Argus states : "The volumes agreed for cfr cargoes will see Saudi Arabia's Ma'aden supply 150 000 t, with trading firms Koch and Trammo providing 150 000 t, and 120 000 t, respectively. Japanese companies Mitsubishi and Mitsui will supply 50 000 t each.
Read the article online at: https://www.worldfertilizer.com/special-reports/08112018/lotte-fine-chemical-announces-deals-with-six-suppliers/
Some of China’s major fertilizer companies have said they will temporarily suspend exports to assure supplies in the domestic market, the country's state planner said on Friday, after prices in one of the world’s top grain producers hit record levels.