Printer Friendly

Phosphoric Acid price should be lowered to USD 600/MT: IFFCO.

New Delhi, May 29 (ANI-NewsVoir): Indian Farmers Fertiliser Cooperative(IFFCO), the world's largest fertiliser cooperative federation based in India has said that Phosphoric Acid price should be lowered to USD 600/MT or even less than that.

Speaking further on the Price Negotiations of Phosphoric Acid for Financial Year 2016, IFFCO said currently the price is around USD 715/MT. Suppliers are now selling the DAP at 350/MT or even somewhere less than that.

IFFCO said to its JV partners and suppliers to accept the provisional Phosphoric Acid price of USD 600/MT till price settlement is done from 1st June,16 onwards. Last year IFFCO brought around 0.825 Million MT of Phosphoric Acid at an average price of USD 785/MT. (ANI-NewsVoir)

Copyright [c] 2016 All rights reserved. Provided by SyndiGate Media Inc. ( ).

COPYRIGHT 2016 SyndiGate Media Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2016 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:Asian News International
Date:May 29, 2016
Previous Article:Rajnath condemns attack on African nationals, calls for increased police patrolling.
Next Article:Google beats Oracle in USD nine billion copyright battle.

Terms of use | Privacy policy | Copyright © 2019 Farlex, Inc. | Feedback | For webmasters