Argentina: DAP price declines to indicative $285/t CFR

摘要

DAP import activity in Argentina/Uruguay remains largely non-existent this week with the market out of season and many buyers expecting further price declines in the coming weeks. Most sources peg prices around an indicative $285/t CFR, down from latest indications at $290-292/t CFR. The last purchase came from Uruguay's Isusa in the low $290s/t CFR though there are some indications this was under formula prices.