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21 November 2008

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BASF announcement a sign of tough times for the industry
THE ANNOUNCEMENT by the world’s largest chemical company that it would temporarily shutter 80 plants and cut production at another 100 has focused the industry’s mind on tough times ahead. About 20,000 employees worldwide will be affected by the production cuts. Flexible working time arrangements will be used wherever possible... more

21 Nov | Uralkali makes offer for rail bypass to end government claims

21 Nov | VLCC hijack ups ante on piracy scourge

21 Nov | Government to support Ukrainian producers

21 Nov | Russia threatens Ukraine with huge gas hike

21 Nov | Ukrainian President signals go-ahead for OPZ sale

Industry News, more . . .

The Markets - latest updates on fertilizer trades.

20 Nov | DAP ETHIOPIA: MoARD to issue awards next week

20 Nov | DAP/MAP INDIA: RCF yet to issue tender awards

20 Nov | DAP/MAP/TSP INDIA: Port arrivals update

20 Nov | MOP RUSSIA: Weak market to impact Uralkali's financials

20 Nov | SOP SYRIA: GFTO awards tender tonnes

20 Nov | MOP INDIA: Port arrivals update

20 Nov | MOP MALAYSIA: FELDA awards tonnes under tender

20 Nov | SULPHUR NW EUROPE: More reductions in 2H prices

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Fertilizer Swaps Prices

21 November	Bid Offer
Urea (Prill) fob Black Sea ($/t)
Dec-08	235	250
Jan-09	220	260
Feb-09	225	265
Ammonia fob Black Sea ($/t)
Dec-08	220	275
Jan-09	230	275

UAN fob New Orleans($/st)
Dec-08	240	250
Jan-09	220	250
Feb-09	220	250
DAP fob New Orleans ($/st)
Dec-08	400	450
Jan-09	400	450

For more products and real-time bids and offers contact Ron Foxon & Alexey Paliy - Freight Investor Services (FIS Ltd) on: Office : 44 20 7090 1122 Mobile: 44 7738726557 ferts@freightinvestor.com _{^{Click on the FIS logo to trade Swaps:}}

British Sulphur Events

BRITISH SULPHUR EVENTS Nitrogen and Syngas Conference & Exhibition

22-25 February 2009
Rome, Italy

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