PhosChem Announces Six Million Tonne DAP Contract with Indian Customers

• Article

Phosphate Chemicals Export Association, Inc. (PhosChem) has reached a three-year agreement to supply six million tonnes of diammonium phosphate (DAP) to Indian Farmers Fertiliser Cooperative Limited (IFFCO) and Indian Potash Limited (IPL), two large Indian customers. PhosChem will ship approximately two million tonnes annually under the multi-year contract. Shipments will occur over the period of April 2010 through March 2013. Shipments for the first year of the contract are at a fixed market competitive price.

Source: PhosChem

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