Article List
- The price of Nora DAP has significantly declinedMarket sentiment of ammonium phosphate was pessimistic, and the price of phosphate fell further. India DAP price fell to the low end of $490-495 per ton of cfr,the price is lower than the price of $511-513 per ton last week. According to the latest signs, FOB price of China has correspondingly decli
- The international price of urea continues to adjust downwardGlobal supply liquidity remains low, with most of the trading activity in North and Southeast Asia this week. Indonesia sold urea pellets to a trader at $581/t fob, and small batches from Vietnam and Taiwan were trading at around $600/t cfr.The American market has little trading volume, but Brazilia
- U.S. and Brazil DAP/MAP prices riseThe average daily barge price in the United States remained flat for most of the week, but the market price of MAP increased, and the mid-range price rose by US$15/short ton to US$610-640/short ton FOB Nora, and the high-end price was equivalent to US$700/ton. CFR. At this level, several MAP trades
- U.S. phosphate price soars,which boost the global pricesUS phosphates led the rise again in this week,which pushing phosphate prices up. The median FOB price of Nola DAP rose by US$85/short ton to US$550/short ton. The current CFR price in the U.S. Gulf is about $600/ton,this is the highest level since 2012.
- International DAP/MAP marketThis week, the market speculating US tariff ruling’s consequences, adjusting trade flows, making prepare for the first quarter. This ruling imposed import goods duties from Morocco’s OCP, Russia’s Phosagro and Eurochem Russia. Since the investigation began in July, market participants avoided shippi
- India make the urea market activite againNews of India’s upcoming tender has boosted the price and popularity of the urea market. Earlier in this week, prices fell due to lack of support from the terminal market. Indonesia has the highest bid (only 6000 tons), the FOB price is 253 US dollars / ton, and the lowest target is 260 US dollars /
- The quantity of DAP tender to Banglash increaseBangladesh's Ministry of Commerce approved the tender for 600,000 tons of diammonium phosphate with private sector this year , the quantity is higher than that in last year,which is 400,000 tons. There is no requirement of TSP. China's TSP requirements (intergovernmental only) have fallen from 27.5
- India will announce a new tender of urea importIndia's MMTC announced that it will issue a tender for urea imports on May 7, and the latest shipping date is June 15. It is said MMTC want to purchase more than 1 million tons if prices are acceptable. Sales in India increased in April and are expected to increase by at least 200,000 tons over the
- Due to the uncertainty of the epidemic, the compound fertilizer project was postponedAs the global epidemic continues to cause chaos, the market is basically on the sidelines. Market participants are much more cautious. They are more willing to wait and see to assess the impact of the epidemic on the fertilizer business. Due to the epidemic, several new projects have been postponed.
- RCF of India announces tender for urea importOn March 21st, India's RCF announced a bidding for urea import. The opening date was March 30th. Special terms: No matter how the government policy changes, as long as the demurrage charges of the unloading port due to isolation, the seller should burden it.