India’s Q2 phosacid price declines, DAP/MAP prices mixed

摘要

DAP/MAP price movement was mixed this week as OCP agreed phosphoric acid contracts with Indian buyers for the second quarter down $22/t at $728/t CFR 100% P2O5. US DAP/MAP barge prices stabilised after the recent slump at New Orleans, Brazilian and Indian DAP prices were largely-flat-to-slightly-lower as demand partly offset high supply, and European DAP prices extended recent declines on lower demand entering Q2.