Weak demand drives down international pricesUrea prices fell in most markets this week because of the recent weak international demand and fierce competition from suppliers to ensure supply.Wet weather dampened the demand outlook and US prices fell sharply at the start of the week - Nora's barges ch
India is struggling to keep DAP CIF at $920/t and will load more Russian products in June-July. Russia sold two shipments to importers at that price this week. Chinese trading firms tried to raise their target price for DAP to $1,020-1,025/t cfr, but no deals were made. Producers kept their offers a
Urea prices fell in most markets this week because of the recent weak international demand and fierce competition from suppliers to ensure supply.Wet weather dampened the demand outlook and US prices fell sharply at the start of the week - Nora's barges changed hands at $550/t fob.Urea levels also d
Bangladesh issued a long-awaited procurement tender for 700,000 tonnes of DAP and 250,000 tonnes of TSP this week. Despite the high demand, global market sentiment remains weak, with prices in mainstream international markets falling and trade volumes remaining sparse.Indian buyers bought DAP with t
Urea prices goes down overall this week,but the market continued to adjust to levels that setted by India in its procurement tenders last week,prices in some regions increased over the week.India's RCF confirmed to suppliers in late on May 19 that it aimed to purchase 1.65 million tonnes of urea,it