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

This week, the urea deal received the most attention in Europe, as new demand in the region increased, while demand in other regions was notably lacking.Large tonnages in northern and western Europe are trading at $800-850/t cfr as buyers step in for granular and granular urea. The first "new season

India tenders, fast reset of national pricesUrea prices fell sharply in most markets after the India's bid to buy urea this week.The lowest price of OQ trading is 716.50 US dollars / ton CFR (East Coast), 750 US dollars / ton CFR (West Coast).Over the next 24 hours, price levels in Southeast Asia fe