Morocco: January European DAP trades higher

摘要

OCP confirmed higher-priced DAP sales to Europe for January shipment. It is believed to have secured at least 100,000 mt DAP/MAP to European markets in the $335-350/mt FOB range. For other deals in January, OCP is understood to be targeting DAP/MAP sales to its domestic market, Brazil and possibly the US along with continued NPK business to West Africa and more NPS shipments to Ethiopia.