Argentina/Uruguay: DAP price extends decline

摘要

Demand remains limited in Argentina and Uruguay for MAP and DAP. A buyer in Uruguay purchased 15,000 mt DAP at $325/mt CFR from a trader with Mexican product, according to market sources. Trader Indagro was recently rumoured to have liquidated roughly 5-7,000 mt MAP remaining on a vessel from OCP at Argentina/Uruguay in the low $320s/mt CFR.