Procurement in India accelerated this week. Kribhco purchased 20,000 tons of 20-20-0+13S and 30,000 tons of 12-31-1 at undisclosed prices. IPL getting 2 batches of 30,000 tons of 20-20-0+ 13S cargo. One will be shipped in Indonesia this month at a price of USD 267/ton cfr, and the other Russian carg

India ’s RCF won a tender of 50,000-ton 20-20-0 + 13S at US $ 269 / ton CFR.,L/C 45-days,it means the cash price at US $ 268 / ton. The trader is Transglobe and it will provide it from Indonesia NPS. This price is roughly in line with Indonesia's latest NPS deal with India. But this is higher than t

The compound fertilizer market is basically at a standstill at present. India is still a bright spot when global demand for compound fertilizers is tepid.RCF received a bid of 50,000-ton 20-20-0 + 13S from Amber Fertilisers, Quantum, Merrycorn and Transglobe, which will be closed on Monday, but pric

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