Mineral industry gears up for post-summer activity

• Autores: Laura Syrett
• Localización: Industrial Minerals, ISSN 0019-8544, Nº. 564, 2014 (Ejemplar dedicado a: Septiembre)
• Idioma: inglés
• Texto completo no disponible (Saber más ...)
• Resumen

  • Russian phosphate producer PhosAgro said in its H1 2014 earnings update in late July that prices for diammonium phosphate (DAP) on an FOB Florida basis had recovered by around 18% this year, from around $407/tonne at the beginning of 2014 to $480/tonne by the end of June.

    "Looking forward to the remainder of 2014, we believe that the market remains strong and we are seeing prices for DAP increasing to and above $500/tonne in all markets, with FOB Tampa at $510/tonne for the last two weeks, despite declining prices for the soft commodities basket," PhosAgro CEO Andrey Guryev said.

    MEAI leaders said the situation was also affecting prices. "The price of Indian ilmenite was around $200/tonne some time back and it has come down to around $110/tonne now," said Arjeth Bagchhi, president of MEAI.