Brazil's monoammonium phosphate keeping strong, Indian procurement continues

Market of Suez's eastern and western have become more active. The price of diammonium phosphate in China is stable at US$300/ton FOB. India purchases 240,000 tons of diammonium phosphate at US$310/ton CFR. The price of diammonium phosphate in Pakistan is US$ 310/ton CFR.

In terms of bidding, OCP bid for TFRA38,000 tons of diammonium phosphate from Tanzania at the price of US $291 / ton FOB.Turkey Igsas 20,000 tons of diamonium phosphate bidding closed, the successful bidder is a domestic enterprise;RCF of India has closed its tender for 60,000 tons of diammonium phosphate/monoammonium phosphate.

In the west of Suez, the price of monoammonium phosphate this week was $315-318 dollars CFR,  with companies and traders offering prices in that range, up from $310-315 a tonne last week. Now the focus is convert to The Latin American market, with two Moroccan shipments scheduled for July and August to Argentina and Uruguay.