On October 7th, Bangladesh packaged 50,000 tons of small particles of 25,000 tons of large particles, the lowest price of large particles is CFR297.3 US dollars / ton, the lowest price of small particles is CFR299.1 US dollars / ton, about equivalent to China's FOB 250 US dollars / ton low The frame

India buys 950,000 tons, but the price response is dull According to the latest tender, MMTC has successfully purchased nearly 1 million tons of urea from the Middle East, Indonesia, the Black Sea and China. But there has been no price reaction. Although the cfr price has risen slightly in some mark

Focus on India This week, the attention of the urea market has been concentrated in India, and MMTC will complete the tender in India on September 13. If the price is acceptable, it is expected to purchase up to 1 million tons of urea by October 16. The tender is expected to support prices and provi

As the Indian bidding is now over, urea prices are adjusted in most regions. The price of urea in the Middle East is $270/ton this week, while the FOB price in Egypt is $265/ton. Traders have sold China's granular urea at $270/ton FOB and bet that the price will fall below $270/ton FOB. Limited dema

This week's attention is focud on India, MMTC is buying a lot of urea in India. LOI’s will not be released until July 5, so the exact amount is not certain, but it should be 1.6-1.7 millions tons for the bid on July 1st.. The agreed price between the two parties is FOB $283-284 /ton in the Middle Ea