Saudi Basic Industries Corp. (SABIC) has raised local urea prices by SAR 38 to SAR 1,155 a ton for July.
The kingdom’s largest petrochemicals producer has kept Diammonium Phosphate (DAP) prices at SAR 2,130/ton for the 21st consecutive month.
SABIC produces urea and DAP through several of its affiliates, including Tadawul-listed Saudi Arabian Fertilizer Co. (SAFCO), Ibn Al-Baytar, and Al Jubail Fertilizer Company (Al Bayroni).
|
Urea & DAP Prices - 2015 |
||
|
DAP (SAR/ton) |
Urea (SAR/ton) |
Month |
|
2,130 |
1,223 |
February |
|
2,130 |
1,163 |
March |
|
2,130 |
1,061 |
April |
|
2,130 |
1,024 |
May |
|
2,130 |
1,117 |
June |
|
2,130 |
1,155 |
July |
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