Market trading slows, continue to focus on East of Suez marketMarket transactions slowed down this week, as Indian purchasing prices were at $950-960/t cfr, totaling more than 750,000 t DAP, confirmed to arrive in India in July-September, with another 150,000-200,000 t likely to be completed soon tr

This week's focus is on India and ChinaThis week, India bought more, at least 440,000 tons of DAP, and some major importers signed contracts for phosphoric acid.From July to August, two trading companies sold 240,000-250,000 tons of Chinese DAP to India in four batches at a price of about $950/ton C

This week, the price of MAP in Brazil fell to US$1000-1020/ton CFR, and the higher end fell by US$10/ton. The sales of Chinese and Russian sources were within this range. Nola's DAP barge prices fell by $20/st to $780-785/stFOB.There are many versions of rumors about changes in China's export policy

Market activity was largely subdued until Bangladesh's tender to buy up to 700,000 tonnes of DAP and 250,000 tonnes of TSP ended, with the exception of some DAP sales in Pakistan and India. Bangladesh's DAP tenders had a minimum price of US$1,019.74-1,029/t cfr lo, and the tender volume of 732,000 t

India is struggling to keep DAP CIF at $920/t and will load more Russian products in June-July. Russia sold two shipments to importers at that price this week. Chinese trading firms tried to raise their target price for DAP to $1,020-1,025/t cfr, but no deals were made. Producers kept their offers a