Europe: DAP price declines indicatively

摘要

Demand for DAP imports across Europe is still lacking due to healthy stocks, although supply is also limited in the near-term, reducing downward price pressure. Most sources do not expect a return to strong demand from European importers until at least July. DAP prices are now pegged at $330-335/t FCA Terneuzen/Ghent, a slight decline from $335/t FCA last week, and $325-330/t CIF France though import activity has not been reported this week.