Hi chuk, I think the US$700/t used in yesterday's update was an oversight. If you recall back in June, Next Investors used US$780 (see below) - so like you, yeah not sure where they got US$700 from.
dtnpf.com quoted MAP price US$937 to 4th March, so it's likely well over US$1,000 now
Fertilizer Prices Rocket to All Time High, page-454
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