Argentina: DAP price indicatively rises

摘要

DAP/MAP price indications for Argentina rose again this week, reaching an indicative $325- 330/t CFR, though most buyers remain reluctant to return to the market. Suppliers' DAP offers are generally reported at $330/t CFR while Mosaic said it is offering $340/t CFR to Argentina/Uruguay for limited late March availability. No deals have yet been confirmed at $330/t CFR or above to the market. There are some indications buyers have been willing to come up to $325/t CFR with no spot sales confirmed this week.