The Sri Lankan government has announced the maximum price that private-sector importers can pay for imported cargoes for the first quarter of 2019.
These prices have been set in line with the lowest prices offered for each of the fertilizer products in a recent government tender to buy urea, TSP and MOP.
The government has reduced the ceiling price for imported urea to qualify for subsidy to $326.90/t cfr with 180 days' credit, from $338/t previously.
The price of TSP has been raised by $3.74/t to $317.74/t cfr, while the price of MOP has been increased from $329/t to $349/t cfr, including 180 days' credit.
The ceiling price of ammonium sulphate has been set at $138/t cfr.