Recent DAP/MAP price increases slowed across most markets this week on waning demand despite tight availability and higher offers from multiple suppliers, with values even easing slightly in Europe and Brazil. Lowest offers reflecting $738-750/mt CFR 100% P2O5 in a Bangladesh tender for 60,000 mt phosphoric acid shocked international buyers as negotiations began over India's acid contracts for Q1 during the FAI conference in Delhi this week.
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