The international urea market has fallen for two weeks, and there is still no support point in the next week.Import demand in all major markets is low, same as the past 3-4 weeks. Europe and North America have already met most of the demand in spring, Brazil is in the off-season, and the demand in S
Pakistan imports DAP from Nora, Chinese prices dropGlobal phosphate prices were largely flat this week. Several major markets were quiet, but Pakistan saw some new DAP trade, with Saudi DAP and MAP for sale to Brazil.DAP prices in Pakistan rose to $1,025/t cfr as importers bought two cargoes from Sa
Urea prices generally fell this week due to a lack of demand in the international market and sellers forced to seek liquidity.Brazilian market quotations gradually fell during the week, but it is still difficult to find sellers. The same is true in Egypt, where prices are now below $1,000/t fob for
East of Suez prices risePrices rose east of Suez, firming up in China from the latest trade, and rising accordingly in South Asian markets. Chinese DAP prices rose by $85/ton to $1,070-1,110/ton FOB.Indian market players are eagerly awaiting the announcement of annual fertilizer subsidies for 2022-2
Liquidity stagnation Price volatilityA month after the outbreak of the Russian-Ukrainian conflict, the urea market was at a standstill - with limited transactions at high price levels due to the withdrawal of most buyers from the supply chain in most regions.Urea prices diverged in major regions thi