Australia's Incitec Pivot is thought to have sold a further 30,000 mt DAP cargo to Pakistan's United Agro through Quantum with a netback price of around $333/mt FOB, according to traders. The delivery schedule is unclear, but around 100,000 mt DAP was already due for May shipment from Incitec Pivot before the cargo was agreed. This compares with around 50,000 mt exports in May 2015, according to GTIS data.
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