Mexico: Fertinal in discussions over DAP/MAP cargo

摘要

Fertinal is in discussions with a trader over a 30-35,000 mt DAP/MAP cargo for loading H2 December, according to market sources. The deal is likely to be under formula prices, with current Latin America values unlikely to netback above $385/mt FOB for DAP/MAP while sales to Australia could reflect as high as $395-400/mt FOB.