market analysis

摘要

The divide between the east and the west continues.Prices in the east have moved north again following confirmation of two Saudi sales at$485/t cfr India and$495/t cfr Pakistan. Offers in India are now understood to be in the$490-500/t cfr range whilst those in Pakistan are in the high-$490s/t cfr and above.Chinese DAP offers are maintained around the $465-470/t fob level.