India continues to purchase ammonium phosphate, Brazil's demand increases

India purchased at least 250,000 tons this week as demand continued to increase,their diammonium phosphate price stabilized at US$315/ton CFR. For producers such as OCP in Morocco, South Asia is an important export market. This week OCP sold 4 shipments and reached a further sales agreement with Pakistan.

Brazil’s demand is beginning to emerge. OCP and Eurochem have sold a total of 35,000 tons of monoammonium phosphate at a price of US$ 310/ton CFR. The price of monoammonium phosphate increased from last week's 300-308 US dollars / ton CFR to 305-310 US dollars / ton CFR. Argentina also has new trade. Profertil bid for Morocco’s diammonium phosphate/monoammonium phosphate in last week . Russian producers sold a batch of diammonium phosphate to East Africa.