Saudi: Saudi DAP stays dominant in Pakistan

摘要

Ma'aden has sold 30,000 mt to Engro/Pakistan for H1 August shipment at the same price as the last three sales concluded out of Saudi in Pakistan, in the mid $480s/mt CFR. This gives a netback in the low-mid $470s/mt FOB Ral Al Khair (RAK) depending on eventual freight. The two Saudi suppliers' comparatively aggressive stance seen in Pakistan over the past few weeks has enabled them to gain market share over China. Latest port data show a total of 262,600 mt bulk product load at Ras Al Khair in June, a similar quantity to May.