Market faces acid test

摘要

With much of the market either in San Francisco for the TFI event or on holiday in the case of China, liquidity was muted this week. Argus identified a total of 152,000t DAP/ MAP traded in Europe, Brazil, Iraq and Latin America. Add in OCP's three panamaxes to the US and the total rises to 330,000t approximately. Prices are generally flat.