Saudi Arabia:Indications reduce on weak demand

摘要

There have been no new Saudi Arabian deals to report in the last two weeks as Sabic and Ma'aden continue to negotiate new cargoes for Q1. Ma'aden is believed to still be negotiating another cargo under an MoU into India for January,with indications around$395-400/mt CFR from India,and a possible second sale of mainly DAP to East Africa during the month.