The market has broadly firmed to above ?150/t cif inland in all areas now. But buying interest is very low; the focus is mostly on the harvest, there is no immediate requirement and, perhaps most importantly, buyers see little benefit in building stocks now. Yara is still offering ?160/t cif inland for September, but few sales are thought to have been made at this level. The next buying interest is expected in September/October, months for which most suppliers appear to be targeting around ?155/t cif inland. With the price increasing so slowly, buyers are happy to wait until much closer to the time product is required.
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