Jordan: DAP price rises indicatively

摘要

Jordan’s JPMC is rumoured to be shipping a 40,000 t DAP cargo to India in November. The price to India is currently unclear but the netback is likely no lower than $355/t FOB Aqaba based on latest India CFR values. The deal follows a 30,000 t DAP cargo to the US via a trader in October, according to market sources.