Carryover DAP stocks in Pakistan entering 2020 are reported at around 500,000 t leaving very little demand through January at the least. The latest purchase was from Neelum Seeds, which is part of Multan Group, which secured 15,000 t DAP for January arrival from Ma’aden in the low $290s/t CFR sight basis, or $295/t CFR with 90 days credit, according to market sources.
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