Bangladesh issued a long-awaited procurement tender for 700,000 tonnes of DAP and 250,000 tonnes of TSP this week. Despite the high demand, global market sentiment remains weak, with prices in mainstream international markets falling and trade volumes remaining sparse.Indian buyers bought DAP with t

Urea prices goes down overall this week,but the market continued to adjust to levels that setted by India in its procurement tenders last week,prices in some regions increased over the week.India's RCF confirmed to suppliers in late on May 19 that it aimed to purchase 1.65 million tonnes of urea,it

The Indian government intervened on DAP prices this week, with the Fertilizer Ministry ordering importers to limit purchases to $920/t cfr. Prior to the announcement, it was trading at $1,030/t cfr, which is more than $100/t higher than the breakeven point given retail prices and subsidy levels. The

Urea prices have fallen this week, but it seems that the price keep stable because of the India’bulk tender.RCF's tender to buy 1.5 million tonnes of urea for India closed this week,the prices beyond market expectations - $716.50/t cfr on the west coast and $721.30/t cfr on the east coast.It seems t

This week, China is on the National Day holiday, and the global phosphate market activity has slowed down. Brazil MAP prices fell further to 1175-1210 US dollars / ton CFR. Despite more favorable crop fundamentals, farmers remain resistant to current high prices. Importers are still hesitant, but de