Two new trader sales of Chinese DAP to Pakistan have been reported in the $310-318/mt CFR range this week, representing roughly $295-303/mt FOB, but these levels are not believed to have been secured from China yet. A recent 50,000 mt DAP purchase from Pakistan's Engro from Quantum for October shipment at around $320/mt CFR is understood to have now been secured from China at roughly $305/mt FOB. There are some indications that Swiss Singapore has also secured Chinese DAP at roughly $310/mt FOB for a recent tender award in Nepal but this has yet to be confirmed.
展开▼