Central Florida:
Central Florida DAP trucks continued to be posted at $840/st FOB, sources confirmed, unchanged from the prior report. Truck-loaded MAP was posted even with week-ago levels at $850/st FOB.
No changes were reported in the North Florida MAP truck market, leaving postings at $890/st FOB.
U.S. Gulf:
A slow week of trading left NOLA DAP and MAP prices moving in a sideways direction, players said.
With minimal trading reported, DAP barge price ideas tracked even with the week-ago low at $760/st FOB, while sources quoted the nearby high at $770-$780/st FOB, also steady from the prior report. Domestically produced DAP continued to be offered at $810/st FOB for NOLA loading, with no trades reported for the week at that level. A rumored $755/st FOB DAP trade could not be confirmed before press time on July 29.
Sources also described little-to-no traded MAP volume, leaving values steady at their last reported $825/st FOB high. Players previously noted values at an $807/st FOB low. MAP was offered at $850/st FOB by domestic producers, with no trades confirmed. A MAP barge rumored changing hands at $790/st FOB went unconfirmed on July 29.
With few barge trades reported for the week, the nearby NOLA DAP market continued at the week-ago $760-$780/st FOB level, sources said. MAP pricing also rolled over from the prior week, at $807-$825/st FOB.
U.S. Exports:
Recent phosphates exported from the Gulf of Mexico continued to be tagged in the $910-$925/mt FOB range, unmoved from the prior report.
Eastern Cornbelt:
DAP remained at $810-$840/st FOB in the Eastern Cornbelt, with the low confirmed in Illinois and the high in Ohio. MAP was steady at $860-$880/st FOB in the region. Cincinnati pricing was unchanged at $820-$830/st FOB for DAP and $860-$875/st FOB for MAP during the week.
Western Cornbelt:
DAP was steady at $810-$845/st FOB in the Western Cornbelt, with the low confirmed at St. Louis. MAP pricing remained in the $845-$870/st FOB range in the region, with the low at St. Louis and the high reported in Iowa.
California:
MAP pricing was steady at $900/st FOB or DEL in California, unchanged from last report.
Pacific Northwest:
MAP pricing remained at $890/st FOB or DEL in the Pacific Northwest in late July.
Western Canada:
MAP was pegged at C$1,220-$1,250/mt FOB and $1,250-$1,270/mt DEL in Western Canada for July-August tons, depending on location.
China:
Sources pegged the market price for DAP at $920-$930/mt FOB, but without any new business to confirm those levels. Sources said producers, when asked, will quote $940/mt FOB, but will not volunteer prices or tons. Expectations abound that prices will be coming off as India continues to pressure for lower prices and as Chinese domestic stockpiles remain high.
India:
Indian buyers are pushing hard for $930-$940/mt CFR for DAP imports, but lack any new business to move public pricing off the $950-$960/mt CFR mark.
Brazil:
The imported MAP price in Brazil was reported at $950-$1,000/mt CFR. Softness in pricing is expected because of high domestic stockpiles. Suppliers are flexible in pricing, allowing for some cheaper deals to be made. Fears of a growing surplus in Rondonópolis have deals coming in at $1,050-$1,065/mt FOB ex-warehouse.