Chinese MAP 11-44 players maintain export offers at around $300/mt FOB with last sales reported at $295- 298/mt FOB. Sales of MAP 11-44 into Brazil at around $325/mt CFR and offers around $330/mt CFR make purchasing from China quite attractive at current offers but some traders note that values for MAP 11-52 in Brazil may soon see a downwards correction. By the time volumes arrive at market will be little-to-no margin to be made on MAP 11-44.
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