China: Domestic MAP price unchanged

摘要

Lower MAP utilisation rates across China have helped offset weaker NPK production and lower feedstock prices, with MAP prices unchanged. Domestic powdered MAP 11-44 is pegged flat at RMB 1,800-1,850/t ($257-264/t) EXW while domestic 10-50 prices are still pegged at RMB 2,000-2,050/t ($286-292/t) EXW. MAP 11-44 offers for export at around $260-265/t FOB are seeing little interest from traders with Brazilian MAP 11-44 prices reflecting no higher than an indicative $255/t CFR. There are no recent MAP 11-44 exports from China.