OCP will further expand the sales of compound fertilizers in the European Union and enter into the areas which was dominated traditionally by Russian producers. The Jorf Lassar cargo ship will load 4,000 tons of 10-26-26 to Romania. The cargo also includes 14,000 tons of MAP and 13,000 tons of DAP.

India purchased at least 250,000 tons this week as demand continued to increase,their diammonium phosphate price stabilized at US$315/ton CFR. For producers such as OCP in Morocco, South Asia is an important export market. This week OCP sold 4 shipments and reached a further sales agreement with Pak

There was little change in prices due to holiday affected in one week. The sales have indicated that prices in June are at mainstream levels. FOB prices of Chinese and Indonesian sellers reached US$230 per ton or higher. The FOB prices in the Middle East and Egypt are US$210-215 per ton, while Russi

This week's focus turned to Africa. Malawi tendered 45,000 tons of 23-10-5 + 6S + 1Z. The Senegalese government allocated 150,000 tons of fertilizer to some suppliers, half of which was NPK. To ensure adequate supply to all regions, the Senegalese government usually allocates a certain amount of NPK

The tender for 600,000 tons of diammonium phosphate which was purchased by Bangladesh private sector has ended this week. The lowest 20 offers are at US $ 309-315 / ton CFR, which surprised Chinese companies. In the past few weeks, Chinese companies have insisted on keeping their quotation at US $ 3