Increased market activity in the East and the WestThe activity of the global phosphate market has rebounded, there are new orders have been placed in east and west of Suez. Morocco OCP sold nearly 100,000 tons of MAP to Brazil at a CFR price of US$605-615/ton, and the transaction price of Russia MAP
On May 4, India MMTC invited tenders for prilled and granular urea. The quotation is valid until May 11 and the shipping date is until June 21.The bid was opened on the 5th, and a total of nearly 2.58 million tons of goods were received from 14 suppliers. The lowest quotations were all from Ameropa.
India's MMTC issued a tender for granular urea of varying sizes. The bid was closed on May 4, and the quotation was valid until May 11 and the shipping schedule was until June 21.
After India cuts the tender amount, the market is weakIn the RCF tender on March 22, India limited production to 800,000 tons, although India received more than 1.3 million tons of orders from suppliers. The country does not need to ship 1.3 million tons of urea in April, and believes that it can be
FranceThe price of TSP is still US$500/ton FCA Rouen.BrazilICL's intended price is US$530/ton CFR Brazil, but the current price remains at US$515-520/ton CFR.MoroccoAccording to OCP, European TSP is quoted at US$495/ton FOB.