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Latest Market News

India's Kribhco buys Saudi DAP

  • : Fertilizers
  • 25/05/22

Indian importer Kribhco has bought 40,000t of DAP at around $738/t cfr from Saudi Arabian producer Ma'aden.

The cargo will load in June and the price nets back to around $724/t fob Ras al-Khair.

This follows Ma'aden's sale of 40,000t of DAP to another Indian importer at the same price, also for loading in June, reported earlier today.

By Tom Hampson

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