Baltic/Black Sea: PhosAgro DAP/NPK deal rumoured

摘要

PhosAgro is rumoured to have sold a combined DAP and NPK 10-26-26 cargo to India's Chambal for April delivery, according to traders. The DAP is understood to have been sold at around $350/mt CFR with a netback of roughly $335/mt FOB, while the NPK is said to have been sold at roughly $300/mt CFR with a netback of around $285/mt FOB. The sale fits recently-reported DAP deals from PhosAgro to Turkey and East Africa, believed to have been secured at around $335/mt FOB. PhosAgro continues to target $350-360/mt FOB for European DAP/MAP sales, the company has said.