Prices of DAP in India and MAP in Brazil increase The activity of the phosphate market decreased this week, but trade activities in the main markets continued. The price of Indian DAP rose after the transaction at Ma'aden, Saudi Arabia, at a price of US$590/ton CFR, which was higher than the compa

The European Union officially announced that it will impose sanctions on Belarusian potash. Most manufacturers have given up offering products this week, awaiting further implementation of sanctions. At present, the market is still digesting these news and analyzing its potential impact on NPKs. But

The new round of urea bidding for India's RCF will be opened on June 24, and the latest shipping date will be until August 11. The lowest CFR price, dreymoor, is US$509.95/ton on the east coast and US$501.96/ton on the west coast.

Driven by the Brazilian market this week, the prices of MAP and DAP are operating stably. Due to the market sales of MAP in Morocco and Russia, the price of MAP in Brazil rose by US$25/ton to US$745-750/ton CFR. The price of MAP in the United States has relatively stagnated, rising only slightly to

Reports that the Chinese government will impose export taxes on chemical fertilizers were announced in India, and India also issued a new tender this week. If these two things happen at the same time, FOB prices may rise further. China’s proposal has not been confirmed, but some suppliers are e