Product News
- International ammonium phosphate marketBangladesh and Pakistan bought out IndiaGlobal prices remain firm, with price fluctuations mainly occurring in the eastern region.After Bangladesh awarded nearly 400000 tons of DAP through its private sector tender (the tender for heavy calcium was cancelled), traders want to purchase Chinese DAP. CProduct News July 18, 2024
- International urea marketIndia becomes the focusThe bidding for urea in India has become the focus of the market this week. IPL will end bidding on Monday, the minimum landed price is $350.5 per ton on the West Coast and $365 per ton on the East Coast. However, after two rounds of bargaining with suppliers on the West CoastProduct News July 18, 2024
- The international compound fertilizer marketIndia bidding failureIndian importer RCF did not receive any quotation for the purchase of 50000 tons of 20-20-0+13S, and it did not respond to NPK's tender in the earlier. However, a manufacturer sold 25000 tons of 20-20-0+13S to another importer at a price of $360 per ton of CFR recently, withoutProduct News July 11, 2024
- The international urea marketMarket suspension before India tenderThe upcoming urea bidding in India, the lack of spot supply, and an important holiday in the United States have jointly suppressed trading activity in the market this week, and prices have remained stable.The supply and demand in the region east of Suez remain tiProduct News July 11, 2024
- The international Phosphoric Acid DynamicsMoroccoOCP will load phosphoric acid on the following vessels at Jorf Lasfur Port:Chemroad Sakura-30,000tAlatepe -3,250t-purified acidRichmond Park -19,950tGinga Liger-25,000tNQ Victoria-7,500tJipro Neftis -30,000tHorin Trader-10,000tChemroad Hope -16,000t0CP starts building PPA and TMAP factories iProduct News July 04, 2024
- The international urea marketUrea price in last week drop suddenly came to a halt over the weekend, as Egypt reduced its natural gas supply to urea factories again. Despite India having a large inventory, a tender was still issued on Monday. With the possibility that China will hardly export urea until at least August, the markProduct News July 04, 2024
- International ammonium phosphate marketDAP price rebound in ChinaDue to strong domestic demand and low plant construction in China, the offshore price of low-end DAP in China has increased by $5 per ton. This week, India imported only 45000 tons of Saudi DAP, indicating that traders lack the willingness to continue short selling the markProduct News May 20, 2024
- International urea marketThere has been a wave of urea purchasing frenzy in Egypt, with offshore prices rising by about $30/ton to $310/ton, and total sales may exceed 250000 tons.Most of Egypt's procurement is mainly aimed at the European and Türkiye markets. Due to the intervention of traders to make up for the short sellProduct News May 20, 2024
- DAP slowdown in IndiaIndia has purchased 120000 tons of DAP and tendered an additional 210000 tons. The price continues to decline, with trading prices ranging from $515-519 per ton of CFR. Hindalco's bid price has dropped to $508 per ton of CFR, but the pace of price decline is slowing down. In other parts of South AsiProduct News May 08, 2024
- International urea loosening in JuneUrea prices have remained stable this week, but sales prices in the Middle East in June were $10-15 per ton lower than most regions.A trading company may buy a batch of June goods at a low price below FOB270 USD/ton, which is lower than the FOB280-295 USD/ton traded for most of this week. Meanwhile,Product News May 08, 2024