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Saudi Maaden sells 40,000t of DAP to Europe

  • Spanish Market: Fertilizers
  • 03/02/26

Saudi Arabian phosphates producer Maaden has sold 40,000t of DAP to a trader at $665-670/t fob Ras Al-Khair for loading in February and for shipment to Europe.

The price likely nets forward to the $700s/t up to the $720s/t cfr duty unpaid, depending on the location and number of unloading ports.

Argus understands that the cargo will unload across multiple ports in western Europe, but the exact locations are unknown.

Europe is not a typical destination for Saudi Arabian DAP, discouraged by import duties of 6.5pc and higher freight costs compared with many of its more usual destinations.

Maaden and fellow Saudi Arabian producer Sabic last week reported selling a combined 75,000t of DAP at $695-700/t fob for shipment to Latin America in late February-early March in separate sales.


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