Saudi Arabian phosphates producer Maaden has reported selling 35,000-40,000t of DAP to a single buyer at about $715/t cfr Tanzania for shipment in early March.
The price is on a sight basis, without credit. It nets back to the mid-$690s/t fob Ras Al-Khair and is up from Maaden's reported DAP sale to east Africa in December at $700-707/t cfr.
There has been no buy-side confirmation so far.
