US DAP offers excite no buying interest

摘要

US DAP has been offered into Argentina this week at $510-515/mt CFR but with no interest at all at this level. Interest should start picking up soon for the next round of DAP/MAP requirements for late March /April shipment. January import data reported by GTIS show just 7,000 mt DAP arrived into Argentina from the US plus a further 20,000 mt MAP split between US, Russian and Chinese origin.