Good on you for keeping us posted on the lift in DAP and phosphate pricing Saracen.
Further evidence that DAP and phosphates are heading in the right direction (for MAK that is) can be found in the latest CRU DAP Short Term Forecast and Review.
http://cru.cgml2.com/crulz/Instances/crulz/documents//DAP_STF_Review_December_09_2009.pdf
Headlines include:
Bargain hunters trapped
in rising market
DEMAND OUTLOOK
India’s 1H 2010 DAP imports to reach close
to 3 million mt
Pakistani importers to remain active players
China surprise, Midwest surge drives DAP
up through Q4
Traders count on strong Latin American
import programme
Western Europe: demand set continue
SUPPLY OUTLOOK
US producers cannot ship DAP fast enough
for domestic buyers
Chinese exports curbed by strong domestic
demand
India’s DAP producers express concern over
phosacid costs
Good on you for keeping us posted on the lift in DAP and...
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