The price of DAP in the east is under pressureThe cfr price of DAP fell to about 620 US dollars/ton this week, and the import price is approaching the level below 620 US dollars/ton now.NFL purchased 50000 tons of DAP shipped in March from a trading company at a price of about 625 dollars/ton of cfr

On March 3, the India’s IPL urea import bidding received bids from 19 companies, with a total of 3.274 million tons, 1.487 million tons from east coast, 1.697 million tons from the west coast, and 90000 tons of FOB supply. The lowest price of CFR is US $334.8/ton for Liven on the East Coast and US $

This week, India's procurement transactions increased, while activities in other markets were sluggish, and global prices continued to weaken. Indian importers bought DAP from Russia and China at a lower price, with the price of 653-659 US dollars/ton cfr, compared with 660 US dollars/ton last week.

Indian bidding boosts producer morale The news that India is about to carry out urea bidding boosted the confidence of the seller, and the market trend in the previous week was disappointing. Due to low liquidity and scattered demand, prices in all regions fell by about US $30/ton on average. In the

The market activity was low this week, and the quotations in some regions continued in the early stage. The main trading area is Pakistan. Engro purchased 25000 tons of DAP from Ma'aden, and it is reported that 25000 tons of Saudi DAP were sold to Kenya at a transaction price of 640 US dollars/ton.