The hurricane makes the urea market to strengthenThe Hurricane Ida makes a small storm in the urea market this week. The problem of supply pushed the price of New Orleans to US$495/ton FOB and helped Brazil’s CIF price rise by US$20-25/ton.In fact, the entire market has stable. Buying orders in Nort

South Asian market picks upIn South Asia, especially India and Pakistan, it became the focus this week because of some DAP sales activities in both markets.There are three DAP sales in Pakistan, and importers have ordered 120,000 tons of DAP and a small amount of MAP from China. The price of DAP ros

The price of urea in China fell by US$30/ton within a week. China's urea prices continued to fall this week, leading to a decline in the urea market. The FOB level from China has dropped by nearly US$400/ton, which is US$30/ton lower than last week, forcing producers in other places to lower their p

In August, with the restart of pre-maintenance companies, although there were frequent temporary failures, the overall daily production level of urea showed an increasing trend, gradually rising from 130,000 tons to 150,000 tons, but the increase on the supply side failed to match the demand side. .

‍The price of standard ammonium sulphate stabilized at US$202-207 fob per ton, mainly affected by the sales of new products in Southeast Asia. There are unconfirmed reports that it is sold to international traders at a price of US$205-206 per ton of fob China. Wuzhoufeng did not reach any deal this