The demand for DAP in Pakistan has increased and market activity has increased.China and Morocco will ship at least 130,000 tons of DAP, with prices ranging from US$360-370/ton CFR. Moroccan offered was lower than USD 360/ton CFR, but was no deal. The high-end price for the latest Pakistani orders h
Prices of diammonium phosphate and monoammonium phosphate continued to rise this week.To the east of Suez, the price of Indian diammonium phosphate rose to US$322-324/ton CFR, an increase of US$1-3/ton from last week. NFL purchased 90,000 tons of diammonium phosphate at a price of $322-324/ton CFR.
India's imports of diammonium phosphate are active, but the FOB prices of China's diammonium phosphate have declined. This week, India purchased at least 225,000 tons of diammonium phosphate at a price of US $ 315-318 / ton CFR. The main sources of supply were from Morocco, China and Saudi Arabia. A
Indian buyers are buying DAP from China and Jordan this week, with similar CIF price. Chinese company Yihua sold 50,000 tons of DAP to Kisan International, a subsidiary of India's Iffco, at a CIF price of US$406-407/tonne. In addition, Sun International sold 30,000 tons of DAP to the GSFC in Jordan
Last week in New Delhi, ICL agreed to provide India with a 550,000-ton fixed plus a selection of 50,000-ton from July 2019 to June 2020. The same to 2020-2021. From 2021 to 2023, it will increase to a fixed amount of 600,000 tons plus a selection of 50,000 tons. Prices will be determined by current