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  • Oct
    19
    Pakistan continues to purchase DAP

    Pakistan was the focus of market activities in the east of Suez this week. The importers arranged two shipments of Moroccan goods to be shipped later this month.India's DAP procurement slowed down, and more than 1.4 million tons will arrive in October. With the full launch of rabi season, we will pu

  • Oct
    19
    India and Pakistan's urea bidding slows down trade

    After India announced another procurement bidding, the liquidity of several major markets slowed down, and the urea price was uncertain this week.The activities are mainly concentrated in Southeast Asia, where the FOB price of several batches of granular urea is about 630 US dollars/ton. However, as

  • Oct
    12
    Ammonium phosphate prices continue to weaken

    Market sentiment remains bearish and prices continue to fall. The overall activities are limited before the large industry conference to be held next week. In the east of Suez, the level of DAP exported by China fell to 720-735 USD/ton FOB, which was sold to Southeast Asia and Pakistan in small quan

  • Oct
    12
    International urea price decrease to meet the demand

    Urea prices declined in most of markets this week, sellers reduced prices to levels where buyers were willing to re-participate.Egypt has the strongest liquidity, but the producer was forced to reduce the price to 700 USD/t FOB - about 100 USD/t lower than the quotation last week, but a series of su

  • Sep
    27
    DAP prices continue to slide as Pakistan sees purchases

    India again dominated the phosphate market this week, with DAP sources coming from China, Russia and Saudi Arabia.Two Chinese DAP cargoes were sold to India at $750/ton cfr, and today's Russian cargo was sold at $720/ton cfr. An importer in Pakistan ordered a Chinese shipment at a higher price, and

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