China: Market quiet and mostly stable

摘要

The Chinese market remained relatively quiet over the past week. International offers were around $90/mt CFR, with most slightly below and some slightly above. Most buyers in the low $90s/mt CFR were traders, though some phosphate producers with low inventories still paid into the low $90s/mt CFR. Indeed, one of the big four phosphate producers bought a spot cargo this week in the low-mid-$90s/mt CFR.