India's phosphoric acid importers once again failed to reach an agreement with OCP over a price for secondquarter deliveries and price expectations appear to have slipped, according to many sources. From the buying side, pressure on DAP import prices, a slight firming of ammonia purchasing prices, discounts offered to distributors purchasing DAP inland and news that OCP has begun DAP exports to India have added to calls for a significant reduction on the Q1 contract price, currently $715/mt CFR 100% P2O5.
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