This week, the market has been speculating about the consequences from last week’s US tariff ruling, adjusting trade flows and preparing for the first quarter. The ruling imposed preliminary import goods duties from Morocco’s OCP, Russia’s Phosagro and Eurochem Russia. Since the investigation began

India MMTC urea bidding situation India's MMTC for urea bid on 1th, Dec, and the latest shipping schedule is 6th, Jan. They received 13 supplier quotes, totally of nearly 2.44 million tons. The lowest price, west coast Dreymoor at CFR 284.77 USD/ ton for 200,000 tons, and east coast Swiss Singapore

News of India’s upcoming tender has boosted the price and popularity of the urea market. Earlier in this week, prices fell due to lack of support from the terminal market. Indonesia has the highest bid (only 6000 tons), the FOB price is 253 US dollars / ton, and the lowest target is 260 US dollars /

India's RCF made a new record, awarding 2.184 million tons, which is the first time that more than 2 million tons have been purchased in a bid. The bidding confirmed the current prices and put many suppliers in an advantageous position in the first half of November.Driven by the upward spiral of the

The urea market strengthened later this week, driven by rising spot sales in the Middle East before India’s bid. The market has been volatile, trading within a narrow range until it is confirmed that the transaction price is $10/ton higher than the last reported transaction. This has prompted a seri