China: DAP prices decline on new sales, offers

摘要

The Chinese domestic DAP season is near an end and prices have seen further declines this week based on a range of new sales and tender offers for export. Some of the Chinese DAP offers in this week's RCF tender in India are believed to have been around $345/mt CFR or roughly $333-335/mt FOB, according to market sources. Official price levels are expected to be announced shortly.