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London, 23 February (Argus) -- A slump in imports versus robust offtake kept Indian DAP stocks under pressure in January, leading to the fourth consecutive monthly stock draw, according to government data. Argus estimates India's DAP stocks at the end of January at just below 1.9mn t. India imported just 70,000t of DAP in January, while domestic DAP production was steady at 342,000t. Domestic sales fell seasonally but, at 535,000t, surpassed the average for the same month over the previous thr ...Read More >
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