Saudi Basic Industries Corp (SABIC) has cut local urea prices by SAR 94 to SAR 1,061 per ton for August.
The kingdom’s largest petrochemicals producer has kept the price of August Diammonium Phosphate (DAP) unchanged at SAR 2,130 per ton.
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 |
|
2,130 |
1,061 |
August |
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