Chinese DAP prices have fallen noticeably this week as two cargoes were placed into Pakistan reflecting $305/t fob. With India not buying until it receives clarity on the subsidy and the domestic market in the doldrums, Chinese producers have little choice but to sell in order to generate cash. Indian prices are purely notional but clearly under pressure given the cfr prices in Pakistan in the higher-$310s/t.
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机译:本周中国DAP价格已明显下降,因为有两批货物运抵巴基斯坦,价格为$ 305 / t FOB。由于印度直到获得补贴明确和国内市场低迷才开始购买,中国生产商别无选择,只能出售以产生现金。印度价格纯粹是名义价格,但显然受到压力,因为巴基斯坦CFR价格高达$ 310 s / t。
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