India: Prices assessed lower at $340-345/mt CFR

摘要

Delivered prices to India are assessed lower this week, as the cost of product from China declined and Saudi Arabian netbacks were revised lower. The 50,000 mt DAP cargo bought by IFFCO from Yihua loading last week on the Yangtze River is likely to have been sold at a netback price in the low $330s/mt FOB, marking a delivered price in the mid-to-low $340s/mt CFR India.