Urea prices have increased slightly this week, but due to the scarcity of import demand, trade volume is limited. India has announced the next import bidding, which will end on October 20th and the latest shipping schedule is before December 10th. At present, production is normal, but sales have be

Boosted by further procurement from Pakistan, sustained demand from Bangladesh, and rising settlement prices for phosphoric acid in India, DAP prices in the eastern region of Suez have increased. This week, Pakistani importers purchased 115000 tons of DAP from Morocco, Saudi Arabia, and China, with

Indian bidding may see higher prices The upcoming Indian bidding has suppressed activity in the urea market this week, with suppliers either unable to disclose their pricing ideas, unsure of the price level to be set, or a combination of both. Opinions on the price vary from party to party, but ever

Suez East DAP Market India's demand continued to follow up this week, with DAP prices rising in the east of Suez and prices stabilizing in the Americas. Indian buyers purchased DAP from Morocco and Russia for $570/ton/cfr, with plans for loading from October to November. Earlier this week, an import

China's Market Transformation Seeks New BalanceThe sudden shift in stance by Chinese exporters has reversed the trend in the international market. Last weekend, Zhongnong Group announced that it will no longer sign new urea export contracts, and other suppliers will also shift urea to the domestic m