US Tampa: DAP/MAP prices under pressure

摘要

Mosaic did not report any new DAP/MAP export deals this week with downward price pressure building on low demand in Latin America. Recent slight declines in Latin American MAP/DAP import prices mean the likely netback for further sales to the market for November or December shipment would reach no higher than $427-428/t FOB and may be as low as $425/t FOB.