International DAP/MAP prices are stable
Publish Time: 2020-11-10 Origin: Site
The international DAP/MAP prices were basically stable this week, but Pakistan prices were higher.
Morocco OCP sold 30,000 tons of MAP to Brazil at a price of US$370/ton CFR. It is said that the price is in the range of US$360-370/ton CFR. The company failed to increase the price until now. Argentina’s new orders are at the same level as the latest CFR price of DAP/MAP. Russia's Phosagro confirmed to sell 15,000 tons of DAP to Mexico at a price of US$367/ton CFR.
Phosphate market prices in Europe are firm, with Ghent's price being around US$380/ton FCA.
There are no new spot sales in India. The price of Chinese DAP in Pakistan increased by US$1/ton to US$376/ton CFR.