Indonesia: Off-spec DAP prices lower in Gresik tender

摘要

Petrokimia Gresik is reported to have received offers as low as $295-300/mt CFR in its tender for 20,000 mt 61% 16-45 DAP for October 20-25 arrival, according to traders. The lowest offer is believed to have been from traders with Chinese material, which would likely represent around $280-285/mt FOB with a slight trader margin.