Sabic said that it sold two new cargoes for July loading totalling 70,000 mt DAP to Indian buyers in the low-to-mid-$350s/mt CFR. It is understood that Sabic sold 35-40,000 mt DAP for late July delivery to India's Chambal at $351-352/mt CFR or roughly $345/mt FOB. The buyer of the second cargo is currently unclear. Sabic said it has now received bids and enquiries from Pakistan totalling around 85,000 mt for August at prices in the mid-$350s/mt CFR or mid-to-high-$340s/mt FOB, including a recent enquiry from Fauji for around 40,000 mt DAP.
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