Baltic/Black Sea: EuroChem DAP offers to Europe jump

摘要

EuroChem sold 5-6,000 mt MAP as part of a combination October cargo to a trader for Brazil at $335/mt FOB Black Sea, up from last sales at $325-330/mt FOB. Coupled with regional MAP sales, rumoured to Belarus, at roughly $330/mt FOB and after a slowdown in production during September, EuroChem has around 25,000 mt MAP available from its Kingisepp operations in October. EuroChem recently said it is reducing MAP production to around 40-45,000 mt at Kingisepp in September.