Phoschem Inks Indian DAP Supply Agreement

Avatar for Matt Hopkins By Scott C. Lucas|17 December 2007

Under the agreement, PhosChem will supply the customer with 500,000 metric tonnes of DAP to be shipped between February and October 2008 at a price reflecting current spot DAP international market levels.

“This contract reinforces the continuing demand for DAP in India and is a reflection of the overall strong international market fundamentals,” said Steve Paxton, president of PhosChem. “It also demonstrates PhosChem’s commitment to meet the demand of its Indian customers.”