SABIC increases urea price for November to SAR761/tonne
Saudi Basic Industries Corporation (SABIC) [2010.SE] has proposed to increase its local urea price for November by SAR56/tonne (USD15/tonne) to SAR761/tonne (USD203/tonne), according to Argaam. The company has decided to maintain its diammonium phosphate (DAP) price for November at SAR1,875/tonne (USD500/tonne). (Argaam) SABIC: SAR86.53 as of 08 November 2016, Rating: Neutral, FV: SAR90.00 per share, MCap: USD69,224mn, SABIC AB / 2010.SE
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