Morocco AFRICA AND MIDDLE EAST

摘要

OCP has confirmed selling 150,000t MAP and NPKs to Brazil netting in the mid/high-$340s/t fob. This will ship in June. It will additionally ship 120,000t to European markets - much of it to Bulgaria and Romania with 10,000t MAP for Turkey. Around 200,000t DAP/MAP/NPKs will ship to its African markets and there will be two DAP/MAP panamaxes for the US priced under formula. Of the two trader DAP/MAP cargoes for Latin America (Nitron and Indagro), one has loaded and one will load 20-25 June.