Article List
- Urea Market Sees Another Unforgettable WeekThe urea market experienced another unforgettable week. Tensions in the Middle East escalated significantly following US airstrikes on Iran on June 22nd, driving substantial price surges throughout Friday and the weekend. Fears of potential Iranian retaliation and the possibility of disruptions to t
- Analysis of Hexamine Market Trends in Early July 2024Since the beginning of July 2024, the price of urutopine has shown signs of fatigue after a period of gradual stabilization following the upward trend that started in mid-April. Prices have begun to stabilize, with some manufacturers slightly reducing prices to attract new orders. However, with the
- Hexamine Price Trends in July 2024China has entered the "Sanfu" period with scorching heat in many regions, but the market for uralyt-U has already sent a clear cooling signal. Factories have reduced their quotations to Shandong by 100 yuan compared to the previous week, taking into account recent increases in freight costs. This re
- 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