Firmer freights have been one of the main arguments cited by Chinese suppliers in price discussions in Pakistan for July cargoes. One sale has been reported this week in the upper $480s/mt CFR Karachi, up from the low $480s/mt CFR previously, which at current freights of around $19/mt would netback to the high $460s/mt FOB, still within the current price range published in Fertilizer Week.
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