Article List
- Supply is tight, DAP prices riseDriven by the demand from India and Pakistan, the price of DAP continued to rise by US$10/ton.In India, Saudi Arabian producer Ma'aden sold 35,000 tons of DAP at a price of US$350/ton CFR higher than US$340-345/ton CFR. The low-end price of the intention to sell this week is $350/ton, but still needLatest News September 08, 2020
- The international urea market is active in the East and slow in the WestIndia's MMTC purchased nearly 1.8 million tons of urea this week, which is close to the highest level in history. This will greatly increase the amount of urea from different sources, so that suppliers can still rest assured in October. As traders cover the current prices, FOB prices have basicallyLatest News September 08, 2020
- Saudi Arabia enters India's NPS marketAs India's demand for NPK and NPS continues to grow, Sabic has sold the first batch of 20-20-0+13 from Saudi Arabia to the Indian NFL at a CFR of US$260/ton.NFL purchased 30,000 tons of 20-20-0+13 from Sabic for loading in early September, and 24,000 tons of Russian 20-20-0+13 through Ameropa at a pLatest News September 02, 2020
- The international DAP/MAP market is tight and prices is risingPrices of MAP and DAP continued to rise this week.The price of China’s DAP rose to US$332-335/ton FOB, from US$330/ton FOB last week. Thailand purchases DAP at a high price of US$340/ton CFR. India ordered of China’s DAP at a price as low as US$340/ton CFR, it likely as an early order. Two importersLatest News September 02, 2020
- International DAP /MAP market prices keeps firmThis week, the international DAP market activity is lower, but prices continued to rise.Due to the tight domestic demand and supply in September, the price of DAP in China has risen from last week's 325-330 US dollars/ton FOB to 330 US dollars/ton FOB. The price of DAP in India has risen to more thaLatest News August 25, 2020
- Ghana bids for compound fertilizer, increasing demand in AfricaNew demand is emerging in Africa as Ghana begins bidding for supply through 2021. The General Administration of Food and Agriculture (MOFA) of Ghana is seeking to purchase 346,500 tons of NPKs and 168,000 tons of urea, more than 90,000 tons than last year’s tender. The pre-qualification process willLatest News August 25, 2020
- India MMTC releases new urea tenderIndia MMTC releases new urea tender, which will be opened on the 26th, valid until September 2nd, and the shipping schedule is October 5thLatest News August 25, 2020
- The latest development of India RCF urea bidding in IndiaAccording to the latest report, eight of the nine suppliers accepted the bid in India's RCF tender on August 10. The details are as follows:Midgulf 186.5Ameropa 199.5Koch 50Continental 50Amber 45Dreymoor 147Swiss 141Samsung 139A total of 958,000 tons. If all the above are confirmed, then three biddiLatest News August 18, 2020
- The international ammonium phosphate market keeps stablyTight supply drives up the price of DAP Due to the tight supply in September, trading companies and importers competed for quotations, the export price of China's DAP rose again by US$7/ton FOB. Currently Chinese companies are not waiting for further price increases instead of sell them. Demand fromLatest News August 18, 2020
- International DAP/MAP supply is tight and the market is strongDue to the short supply and strong demand,the prices of east of Suez is still firm this week. But compared with last week, market activity has decreased.This week, China's DAP quotation reached US$320/ton FOB, but the deal price still at US$318-320/ton FOB. The main trading countries were Indian impLatest News August 11, 2020