The vessel Panamax Breeze has left the Mideast Gulf through the Strait of Hormuz carrying around 55 000 t of Saudi Arabian phosphorus fertilizers according to vessel-tracking data.
The cargo loaded at Ras Al-Khair port over 23 - 24 October and is bound for Kakinada on India's east coast.
The Panamax Breeze follows these other vessels, which crossed the Strait of Hormuz in October with Saudi Arabian phosphates:
Leem loaded 54 000 t of DAP at Ras Al-Khair over 14 - 18 October and arrived at Mundra on India's west coast on 28 October.
Kmax Evdokia loaded around 76 000 t of DAP at Ras Al-Khair over 4 - 9 October and arrived at Kandla on India's west coast on 16 October.
Safeen Al Nour loaded around 60 000 t of DAP at Ras Al-Khair over 25 - 30 September and arrived at Mundra on 10 October.
The vessel Xin Hai Tong 27 has loaded around 55 000 t of phosphorus fertilizers - thought to be DAP - at Ras Al-Khair, and has been understood to be destined for India.
The shipments have demonstrated a recovery in phosphates exports from the Mideast Gulf. But traders are still reluctant to buy cargoes on a fob Ras Al-Khair basis.
Earlier in October, Saudi Arabian producer Maaden reported selling three DAP cargoes to three Indian importers totalling 120 000 t at US$900 - 904/t cfr sight.
No DAP sales to India have emerged in the final week of October. Offers for Saudi Arabian DAP are at US$900 - 902/t cfr, while indications from trading firms and Indian importers have softened to the US$880s/t cfr.
