Product News
- The price of DAP remained stable in the east, while the price of MAP fellWith the high level of business in India and the decline in the price of MAP in Latin America, the gap between the price of MAP in Brazil and the price of DAP east of Suez continues to narrow.Sabic sold 30,000 tons of MAP to India at a low price of US$630/ton CFR, which will be shipped next month, wProduct News August 03, 2021
- Brazil's MAP price goes down, while China's DAP prices riseThe price gap between the main markets of DAP and MAP has narrowed this week. The price of DAP is keep stable in high level, while the price of MAP in Latin America has weakened slightly, but the price difference is still very large. The price change is very small this week. The purchase of MAP in BProduct News July 27, 2021
- The lowest price of India RCF urea import biddingThe lowest bid price for RCF in India on July 22, the lowest CFR price on the West Coast was US$516.95/ton, and the lowest CFR price on the East Coast was US$509.50/ton.Product News July 27, 2021
- The International TSP marketBrazilThe CFR price of TSP is 650-665 US dollars/ton, and 45% of TSP is the low-end price. The CFR price of TSP 46% is as high as US$670/ton.BulgariaAgropolychim will convert its production line of TSP to produce NPK compound fertilizers on August 1.Product News July 27, 2021
- Urea market become active in chinaAgriculture: After entering July, the use of fertilizer for one season of the year will be completely finished around the middle of the year. The agricultural demand is mainly concentrated in the two-season of the year. According to the crop cycle, weather, fertilizer use habits, etc., there will beProduct News July 14, 2021
- The market considers the impact of Belarusian potash sanctionsThe European Union officially announced that it will impose sanctions on Belarusian potash. Most manufacturers have given up offering products this week, awaiting further implementation of sanctions. At present, the market is still digesting these news and analyzing its potential impact on NPKs. ButProduct News June 29, 2021
- International MAP/DAP marketThe price of MAP in Brazil soars to US$700/ton CFRSince October 2011, the price of MAP in Brazil soared to US$700/ton CFR for the first time. The price of MAP reached a high of US$735/ton CFR this week. The price of Nola's MAP also hit a new high, with a market transaction price of US$660/short tonProduct News June 17, 2021
- International TSP marketBelgiumEarlier this week, OCP stated that its TSP price was US$600/ton FCA Ghent. However, according to the buyer, the offer was subsequently withdrawn. ICL has increased its TSP offer to US$620/ton CIF Amsterdam.BangladeshThe country of origin for the tender offer late last week has been confirmed,Product News June 17, 2021
- India raises fertilizer subsidies to boost global phosphate market sentimentThis week, India announced to increase the fertilizer subsidies to boost sentiment in the global phosphate market. India has increased the subsidy with more than doubled for DAP and lowered its domestic selling price, alleviating the pressure on farmers, which will boost the import demand. At thProduct News May 26, 2021
- The surge in demand in the international urea market makes price increaseMost urea prices rose more than US$10 per ton this week. It seems that the US and European markets maybe will continue to buy urea in the third quarter to compete with the seasonally active Indian and Latin American markets. North African prices soared,in this week, the FOB price in Egypt rose fromProduct News May 26, 2021