Boosted by further procurement from Pakistan, sustained demand from Bangladesh, and rising settlement prices for phosphoric acid in India, DAP prices in the eastern region of Suez have increased. This week, Pakistani importers purchased 115000 tons of DAP from Morocco, Saudi Arabia, and China, with
Indian bidding may see higher prices The upcoming Indian bidding has suppressed activity in the urea market this week, with suppliers either unable to disclose their pricing ideas, unsure of the price level to be set, or a combination of both. Opinions on the price vary from party to party, but ever
Suez East DAP Market India's demand continued to follow up this week, with DAP prices rising in the east of Suez and prices stabilizing in the Americas. Indian buyers purchased DAP from Morocco and Russia for $570/ton/cfr, with plans for loading from October to November. Earlier this week, an import