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Itafos reported that its Conda plant completed a reduced-scope turnaround in July with no environmental releases. It also disclosed a significant disruption in sulfuric acid supply from Rio Tinto's Kennecott smelter in Utah, which is delayed in restarting and is expected to be fully operational in about two months.
Sulfuric acid is a key input for phosphate processing, so reduced supply from the Conda plant could curb DAP output and support phosphate fertilizer prices.
itafos.com20 ago 2020Tras 31 eventos alcista de logística pasados, DAP se movió una mediana de +0,5 % en 5 sesiones (58% al alza; mitad central entre -0,4 % y +0,9 %), y +1,6 % en 20.
Todavía no hay suficientes eventos comparables pasados para una lectura histórica.
Variaciones de la referencia de cada materia prima desde el último cierre antes del evento. Las lecturas históricas agrupan eventos pasados del mismo tipo; describen lo ocurrido, no lo que ocurrirá. No es asesoramiento de inversión.
Sulfuric acid supply disruption from Kennecott delaying Itafos's Conda plant restart tightens North American DAP supply and supports prices.
