India's import price of DAP continues to declinePhosphate prices in both the eastern and western parts of the Suez Canal have declined, with only a few markets experiencing active demand.The CIF price of DAP in India fell to 590-614 dollars per ton from 614-615 dollars per ton last week. RCF purchas

The prices in the east and west of the Suez Canal fell, and the demand was weak. India did not import this week, and the price keep stable, but China's DAP offshore price declined. There was a DAP transaction sold to India, which reflected that the cost and freight was around 620 US dollars/ton, b

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

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.

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.