Differentiation of Urea Market between East and West This week, the urea market experienced differentiation, with most markets east of Suez being stable or even stronger, while the western market was relatively weak. The price of large granular urea in Brazil fell by $30 per ton this week, as trader

Importers from India and Pakistan are returning to the DAP market this week, continuing to increase their import lineup before the winter Rabi season. India purchased 150000 tons of DAP at a price of $550 per ton of cfr, all sourced from Morocco through trading companies, at a higher price than last

Most urea prices have fallen again this week, with the main progress being China's commitment to a large supply of urea to India.IPL India has confirmed the purchase of 1.759 million tons of urea, of which over 1 million tons will be shipped from Chinese ports, which far exceeds expectations and exa

The price of DAP continued to rise this week, driven by the upward trend of DAP enterprises east of Suez. China's supply of goods is tight, pushing prices up to 530-550 US dollars per ton FOB, with manufacturers reporting quotes up to 600 US dollars per ton FOB. Earlier this week, Indian importers o

Due to traders turning to short selling and slowing demand from importers, prices have fallen this week.The urea bidding in India is the main event of this week, with the lowest prices being $396 per ton for East Coast CFR396 and $399 per ton for West Coast CFR399, which are $15-20 per ton lower tha