The prices in the east and west of the Suez Canal fell, and the demand was weak. India did not import this week, and the price keep stable, but China's DAP offshore price declined. There was a DAP transaction sold to India, which reflected that the cost and freight was around 620 US dollars/ton, b

Price decline after purchase restriction in India As suppliers continue to chase limited demand, most urea market prices fell this week.India's procurement bidding has not officially ended, but it seems that IPL will order 1.15 million tons of urea at the price of US $330-334.8 per ton. The supply

The price of DAP in the east is under pressureThe cfr price of DAP fell to about 620 US dollars/ton this week, and the import price is approaching the level below 620 US dollars/ton now.NFL purchased 50000 tons of DAP shipped in March from a trading company at a price of about 625 dollars/ton of cfr

On March 3, the India’s IPL urea import bidding received bids from 19 companies, with a total of 3.274 million tons, 1.487 million tons from east coast, 1.697 million tons from the west coast, and 90000 tons of FOB supply. The lowest price of CFR is US $334.8/ton for Liven on the East Coast and US $

This week, India's procurement transactions increased, while activities in other markets were sluggish, and global prices continued to weaken. Indian importers bought DAP from Russia and China at a lower price, with the price of 653-659 US dollars/ton cfr, compared with 660 US dollars/ton last week.