Product News
- 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
- India and the United States lead the decline in DAP pricesThe price of DAP continues to decline, and Brazil has become a high-end market for MAP.The DAP quotation provided by traders to India continued to decline this week, with a final landed price of $540 per ton, a decrease of nearly $10 from last week.The price of DAP in China has dropped to an offshorProduct News April 19, 2024
- International urea marketMark capsizedIndia's RCF unexpectedly reduced urea procurement bidding on Monday, causing a significant drop in prices and shaking the global nitrogen fertilizer market.Indian RCF reduced its procurement volume by more than half in the bidding on March 27th, lower than last week's expected 724000 toProduct News April 19, 2024
- Urea prices continue to decline, but prices in the United States riseExcept for the rapid rise in prices in the United States, most urea markets still face downward pressure. Affected by the low point in April and the high point of fully loaded barges, the price of Nora has risen to $353-411 per short ton. But prices in other parts of the world have fallen, and beariProduct News March 20, 2024
- India releases a new round of urea import biddingIndia's RCF has released a new round of uncertain urea import bidding, with the bid opening date on March 27th and the shipping schedule until May 20th.Product News March 20, 2024
- International ammonium phosphate marketThe price difference between China and India is getting bigger and bigger Chinese DAP manufacturers are seizing the opportunity to sell small quantities of products to Southeast Asia at an offshore price of around $600 per ton. The landed price of DAP in India has begun to decline, with an offshoreProduct News March 13, 2024
- International urea marketUrea decreases, China's exports become clearer The weak demand and news that Chinese exports may start in May have added downward pressure to the loading prices of most origin markets in April. Indonesia's Pupuk sold 25000 tons of urea for the first time, and Pusri's bid price on February 29th was $Product News March 13, 2024
- International ammonium phosphate marketWill India increase subsidies? With the second quarter elections, there are rumors that the Indian government may announce phosphate subsidies earlier than in previous years to ensure fertilizer supply and allow importers to start importing programs. The inventory level of DAP in India is currentlyProduct News January 19, 2024
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