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

The Indian government intervened on DAP prices this week, with the Fertilizer Ministry ordering importers to limit purchases to $920/t cfr. Prior to the announcement, it was trading at $1,030/t cfr, which is more than $100/t higher than the breakeven point given retail prices and subsidy levels. The

This week, China is on the National Day holiday, and the global phosphate market activity has slowed down. Brazil MAP prices fell further to 1175-1210 US dollars / ton CFR. Despite more favorable crop fundamentals, farmers remain resistant to current high prices. Importers are still hesitant, but de