Due to limited supply in the east and strong demand in the west, the urea market will strong by the end of this year. China's output fell, and exports stopped. The supply in Southeast Asiais unstable, Saudi Arabia's Safco may remain in a slump until mid-January, further restricting exports. Seasonal
RCF issued a tender for 100,000 tons of NPK 10-26-26, the closing was 23th, Nov. This bid requires the bidder to be shipped in the second half of January 2021. The unloading ports of both cargoes are Krishnapatnam, Kakinada, Visa and any other Indian-East safe ports.The tender offer is valid until D
Brazil A trading company's offer for Mexican TSP is $300/ton CFR. TSP prices in Morocco and China are also US$300/ton CFR. however the demand has not yet reached this level. FranceTSP Price was at US$300/ton FCA Rouen, however the demand will pick up until April to June. BelgiumThe price of heavy c
MAP prices in Brazil keeps rise, as the new price of OCP in Morocco raised from $390/ton to $400-405/ton CFR. Germany and Ghent rose to US$430/ton FCA and US$415/ton FCA. Morocco OCP will raise the DAP price to US$400/ton FOB. US continues to find sources, Egypt and Jordan are allocated more to the
In Brazil, demand for TSP has surged. Aratu imported 5,000 tons. There was no new sales report recently. The price is US$275/ton CFR. In China, the current price is mid/high US$260/ton FOB. An Asian trader stated that they sold small amount to Sri Lanka. In addition, China sells them to Brazil at U