US NOLA:DAP takes another fall

摘要

DAP barge offers from traders moved down to$315/st FOB New Orleans this week,with business confirmed around$313/st FOB.This is down$12/st from the low end of last week's range.Market bears had even less support for MAP 11-52-0,with indications even with or modestly discounted from DAP. At press time market sources report the roughly 90,000 mt of MAP/DAP imported in Q4 from China by YUC remain unsold,but it was unclear if all of the barges remain in the US Gulf,or if some have been moved along the lower Mississippi or Arkansas rivers.