Baltic/Black Sea: DAP values decline

摘要

Weaker prices in Europe and tentative buying activity from the Americas caused a decline in the upper end of the Baltic/Black Sea DAP prices. The assessment remains indicative. It is unclear if EuroChem sold any of the 20,000 mt DAP remaining for May shipment from Lifosa but the company is said to be offering $333-340/mt FOB for new sales to the Americas and $340-345/mt FOB for DAP sales to European markets.