Saudi Arabia: DAP price unchanged after new sales

摘要

Ma’aden said it has sold a 40,000 t DAP cargo to a West Coast India buyer in the low-to-mid-$430s/t CFR for end-August shipment. The cargo is likely to include credit, providing a likely netback price at around $422/t FOB Saudi Arabia. Last week, Ma’aden said it sold a 17,000 t DAP cargo to Tanzania at $445/t CFR for August shipment, reflecting around $427/t FOB Saudi Arabia.