The holiday suppressed price fluctuations in some main markets this week. After the Spring Festival holiday, China FOB price of DAP rose to US$515-520/ton, and the market outlook is still expected to rise. In India, the CFR price of DAP from Saudi Arabia is medium/high-$440/ton. East African importe

There is no sign that the bull urea market will weakening, the strong demand and tight export supplies are supporting price increases in the entire market.

Urea prices continued to rise this week, highlighting the continued strength of the market. As traders purchased for March, the price of Egyptian pellets rose by US$15 to a FOB (fob) of US$350 per ton, a 6-year high. Due to demand from Latin America, the price of Chinese product is US$326 per ton. D