Sri Lanka announces 1Q19 fertiliser prices

Argus Media has announced that the Sri Lankan Government has declared the maximum price that private-sector importers can pay for imported cargoes for the 1Q19.

Argus Media reported: “The Government has reduced the ceiling price for imported urea to qualify for subsidy to $ 326.90/t cfr with 180 days’ credit, from $ 338/t previously. The price of TSP has been raised by $ 3.74/t to $ 317.74/t cfr, while the price of MOP has been increased from $ 329/t to $ 349/t cfr, including 180 days’ credit.”