India: Rumoured DAP deal at $296/t CFR

摘要

There are rumours early this week that India's Deepak Fertilisers purchased a DAP cargo of roughly 25,000 t from JPMC via trader Agrifields for late December/early January shipment at $296/t CFR sight. If confirmed, the sale would be down from last week's Greenstar purchase of 27,000 t DAP in combination with phosphate rock from JPMC for early-January arrival with the DAP at around $299/t CFR.