Latest market news

CJ Indonesia issues tender to buy ammonia

  • : Fertilizers
  • 19/01/03

Ammonia buyer CJ Indonesia has issued a tender requesting 6,000t for shipment to Gresik port in east Java.

The tender, which closes on 7 January, requests the ammonia be offered on a cfr price basis and valid for three days. The cargo is for 11- 13 February arrival.

Recent spot trading activity has led to a steep correction in Asian delivered prices. Mitsubishi sold two cargoes at $330/t cfr to China and Taiwan in the second half of December.


Related news posts

Argus illuminates the markets by putting a lens on the areas that matter most to you. The market news and commentary we publish reveals vital insights that enable you to make stronger, well-informed decisions. Explore a selection of news stories related to this one.

Generic Hero Banner

Business intelligence reports

Get concise, trustworthy and unbiased analysis of the latest trends and developments in oil and energy markets. These reports are specially created for decision makers who don’t have time to track markets day-by-day, minute-by-minute.

Learn more