India again dominated the phosphate market this week, with DAP sources coming from China, Russia and Saudi Arabia.Two Chinese DAP cargoes were sold to India at $750/ton cfr, and today's Russian cargo was sold at $720/ton cfr. An importer in Pakistan ordered a Chinese shipment at a higher price, and

Insufficient liquidity, the international market is under pressureGlobal urea market activity was muted this week, with buyers in most markets taking a wait-and-see attitude.A shipment of Chinese granular urea cargoes destined for regional markets traded at US$630-640/ton FOB, but import demand from

DAP levels east of Suez continued to decline, with the market traded in a muted form this week following a surge in trading in recent weeks. Indian DAP prices fell to $770-775/t cfr, with prices facing further pressure, with unconfirmed offers of $750-760/t cfr. Chinese DAP prices fell to $745-770/t

Urea price gains have been limited this week, but India's tenders appear to have established near-term viable levels.India received commitments of 874,000 tonnes of urea from suppliers at $668.25/t on the West Coast and $675.25/t on the East Coast.Europe continues to trade in a wider range, with CFR

Supported by tight supply and rising international urea prices, the price of standard ammonium sulfate firmed to $195-220/ton fob China. This range also reflects rising producer offers this week, from $200-210/t fob to $220-230/t fob. A cargo investigation is underway for 36,000-45,000 tonnes of sta