India: 700,000 mt DAP secured for Aug/Sept

摘要

Indian buyers are believed to have secured at least 700,000 mt DAP for August/September delivery with enquiries being made for a further 350-400,000 mt, according to traders. The confirmed and expected DAP deals along with their delivery schedule are shown below: ? 35,000 mt Aries/China to Chambal (August). ? 50,000 mt Dreymoor/China to Tata (August). ? 100,000 mt Fert Trade/China to IPL/IFFCO (August/September). ? 80,000 mt Ma'aden to Kribhco (mid-August). ? 50,000 mt Midgulf/China to IPL (early August). ? 100,000 mt Mosaic to own system and IPL (August). ? 100,000 mt OCP to GSFC and Kribhco (mid-August/September). ? 50,000 mt PhosAgro to Greenstar (August). ? 50,000 mt Wengfu to IFFCO (August). ? 50,000 mt Yihua to IFFCO (August/September). ? 50,000 mt YUC to Chambal (August). Sabic is also expected to shortly conclude a 40,000 mt DAP sale to Chambal, while Dreymoor, Fertisul and Rare Earth are also currently attempting to sell panamax cargoes from China to Indian buyers.