India’s RCF bid dominated the urea market, resulting in insufficient liquidity this week, and prices basically stagnated. The price in China later fell to a low FOB of $260/ton, but this was one of the few clear changes. Most buyers in Europe and Brazil did not buy, and the price was not tested.The

Due to the decline in market activity, the main trading markets have been operating stably this week.Morocco exported 22,000 tons of MAP to Brazil at a medium/high price of US$360/ton CFR, and Saudi Arabia’s Ma’aden also sold 50,000 tons of MAP to Brazil for shipment in November.Due to insufficient

The urea market strengthened later this week, driven by rising spot sales in the Middle East before India’s bid. The market has been volatile, trading within a narrow range until it is confirmed that the transaction price is $10/ton higher than the last reported transaction. This has prompted a seri

Due to the dual effects of weakening demand and limited supply, the prices of DAP and MAP in the main destination markets remained basically unchanged this week.East of Suez, India has reached two new orders. Importers are waiting for shipments in November. The source of the goods is China, and the

In many markets, NP/NPS is in a leading position compared to NPKS, and weak nitrogen prices are limiting NPK growth in some regions. European farmers usually focus on nitrogen fertilizer in the fourth quarter, while the NPK market has almost ended. Ukraine and Romania have insufficient NPK demand, m