Product News
- This week's strong market for ammonium phosphateThe bullish sentiment in the east of Suez is strong. Due to tight supply and continuous demand, prices are stable and consolidated. With the recent increase in bidding prices, the DAP price in India has increased from $435 per ton to around $440 per ton. The FOB price of DAP in China has also rebounProduct News August 04, 2023
- Strong demand drives up urea pricesThis week, urea prices have risen by another 10% -15%, which is still an unexpected supply shortage and abnormally high demand support, which is a characteristic of the past five weeks of increase.The demand of the Atlantic region, especially the United States, Brazil, Argentina and Northwestern EurProduct News August 04, 2023
- International MAP Market Continues to RiseDue to the tight supply and increased import demand, the price of MAP in Brazil and the United States has increased this week significantly. The DAP market trend of east of Suez is mixed. The market price in Indian is weak, but the quotation from China is rising. The CIF price of MAP in Brazil has iProduct News July 25, 2023
- The international urea marketThe most unusual monthJuly is usually the low point for urea prices in the calendar year, and many of us expect it to be like this in 2023. But collective wisdom has largely failed.The FOB urea price in Egypt has exceeded S400/t this week for the first time since March, and it is S120/t higher thanProduct News July 25, 2023
- Brazil prices rise, India's trend of DAP is weakThe phosphate market of Suez East and West operated differently, dominated by the rise of MAP price in Brazil. The MAP price in Brazil increased by $10 to $450- $460 per ton, with sales of Russian products at the high end and Chinese products at the low end in August. Argentina's DAP/MAP has also inProduct News July 18, 2023
- The strong demand drives up urea prices againDue to another round of short covering by traders and new import demand, urea prices have increased this week significantly. The Brazilian market is active particularly, the price of all nitrogen fertilizers rising rapidly. The price of granule urea is CFR345-365 dollars/ton, the price of Ammonium nProduct News July 18, 2023
- DAP prices in the eastern region have declined, while MAP prices in Brazil have increasedThe procurement activities in India recently have slowed down and prices are still declining, while MAP from Russia is being sold to Brazil at higher prices.The CIF price of DAP in India has decreased from $450- $453/ton cfr last week to $440/ton. According to the inquiry on July 3rd, importer SmartProduct News July 11, 2023
- The import demand of urea drives up the pricesAlthough demand from traders and importers has decreased, urea prices have risen again in most regions this week due to supply constraints.Importers from Western Europe and Brazil paid higher prices this week to obtain large pellets of urea: France/UK CFR ranges from $370 to $390 per ton, while BrazProduct News July 11, 2023
- The demand for ammonium phosphate in the United States and Brazil has reboundedMainstream market demand in the west of Suez rebounded, the price of DAP in Nora was stable, and MAP was in spot demand in Brazil.In the United States, the high-end price of DAP barges has increased to $435-455 per ton FOB Nora, which is higher than last week's $435-440 per ton FOB price. The easterProduct News June 26, 2023
- Urea is stable but ammonium sulfate is weakThe price of urea rose generally this week, and the price of Ammonium nitrate also rose, but ammonium sulfate and urea nitrate solution remained weak. This week, traders purchased urea supplies globally, pushing up the trading prices of large particles in most regions - Baltic FOB260-280 US dollars/Product News June 26, 2023