Product News
- Urea prices plummet in India, US, BrazilGranulated urea prices fell sharply in three major consuming regions and many major export centers as sellers scrambled for this week's purchases.India’s buying tenders have minimum prices of $517/t cfr and $520/t cfr, well below previous levels in other markets but reflecting the reality that globaProduct News July 27, 2022
- International urea prices fluctuate, but risks from Europe increaseDue to insufficient demand in major regions, urea prices fell overall this week.Southeast Asian and South American buyers retreated, and other markets remained on the sidelines. There are few signs of urea tenders in India until the end of the month, leading suppliers to shift tonnage to other markeProduct News July 12, 2022
- International Ammonium Phosphate MarketThis week's focus is on India and ChinaThis week, India bought more, at least 440,000 tons of DAP, and some major importers signed contracts for phosphoric acid.From July to August, two trading companies sold 240,000-250,000 tons of Chinese DAP to India in four batches at a price of about $950/ton CProduct News July 12, 2022
- International urea marketTrade slows, prices consolidateUrea trading has slowed this week due to a surge in energy prices earlier this month, with most parties looking for further catalysts before returning to the market.Brazil's trade continues to remain stable, and another 200,000 tons of granular urea may change hands thProduct News July 06, 2022
- Brazil MAP, Nola DAP prices continue to declineThis week, the price of MAP in Brazil fell to US$1000-1020/ton CFR, and the higher end fell by US$10/ton. The sales of Chinese and Russian sources were within this range. Nola's DAP barge prices fell by $20/st to $780-785/stFOB.There are many versions of rumors about changes in China's export policyProduct News July 06, 2022
- International Compound Fertilizer Marketprice pressureThe bearish sentiment in the market increased, dragged down by the weak raw material market; meanwhile, demand in Southeast Asia showed signs of slowing down. High-end prices for 15-15-15/16-16-16 fell by $50/t to $780/t cfr. Import prices are unlikely to rise further despite strong deProduct News June 29, 2022
- International urea prices rise, companies face natural gas crisisStimulated by the European gas crisis, market participants filled old short positions and established new long positions, so urea prices rose $ 100 / ton for the week.Egypt saw the biggest increase in FOB prices, with the FOB price of granular urea over 110,000 tons jumping from $640/ton to $740/tonProduct News June 29, 2022
- International ammonium phosphate prices continue to declineMarket activity was largely subdued until Bangladesh's tender to buy up to 700,000 tonnes of DAP and 250,000 tonnes of TSP ended, with the exception of some DAP sales in Pakistan and India. Bangladesh's DAP tenders had a minimum price of US$1,019.74-1,029/t cfr lo, and the tender volume of 732,000 tProduct News June 16, 2022
- Buyers drive down urea prices to chase demandThere has been a glut of urea this week, with nitrogen prices plummeting in most regions and most products.Urea is leading the market lower - ample supply from Russia, Africa and the Middle East means any firm demand will be chased by a flood of offers.Brazilian urea buyers stepped in this week to sProduct News June 16, 2022
- International Compound Fertilizer MarketKenya KTDA Company won the tender for 88,000 tons of tea-specific compound fertilizers by Russian sourcesKenya Tea Development Authority (KTDA) held a tender for 88,000 tons of NPK 26-5-5 tea-specific compound fertilizer on May 10. Trader ETG won the bid with the supply source supported by Russian mProduct News June 07, 2022