With the closure of several domestic factories, India continues to attract interest from suppliers, as it is currently the only market showing strong demand. This led Morocco ’s OCP to enter the Indian compound fertilizer market for the first time, selling 25,000 tons of 12-32-16 at a low price of $

Most countries will have uncertainty due to the impact of the epidemic, and transactions in the global compound fertilizer market are still very light. Although the agriculture and fertilizer sectors are considered essential industries, these restrictions have created logistics bottlenecks, labor sh

As the global epidemic continues to cause chaos, the market is basically on the sidelines. Market participants are much more cautious. They are more willing to wait and see to assess the impact of the epidemic on the fertilizer business. Due to the epidemic, several new projects have been postponed.

India’s demand continued to grow rapidly by the end of Thursday, , and the RCF issued a joint procurement tender of 50-60 thousand tons for 10-26-26 and 20-20-0 + 13 batches. RCF has been bidding for 10-26-26 since January, it was failed when it sought 60,000 tons. A bid of 46,000 tons in March this

Recently, the price of raw materials has been rising, the low operating rate has led to the FOB price rising by 10-15 usd/ton. The price of 16-20-013S now mainly in the range of 210-230 US dollars / ton FOB, with premium products quoted as high as FOB 260 USD/ ton . These latest price makes Thailand