East of Suez DAP prices extended their recent rise on tight prompt availability, with DAP sales into India above $360/mt CFR and Chinese suppliers nearing their $350/mt FOB target. New DAP deals from Sabic and Mosaic to India were made around $361/mt CFR, marking an increase from most recent sales in the high $350s/mt CFR. Indeed, there are rumours trader Midgulf also sold Moroccan DAP to India this week for October shipment in the low $360s/mt CFR. If true, the volumes would be the first DAP sold to India from Morocco in 2017.
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