Sunflower oil market. Ukraine // Week 19
The Ukrainian sunflower oil market has been under pressure due to low interest from major buyers and uncertainty over the future of the Grain Corridor.
The Ukrainian sunflower oil market has been under pressure due to low interest from major buyers and uncertainty over the future of the Grain Corridor.
Demand for phosphates remains strong in Ukraine. Note that Dnipro Mineral Fertilizer Plant plans to resume production of NP 10:32 and NP 8:22 next week.
The market for Egyptian urea has been inactive this week due to lower demand in Europe and falling prices in Brazil and the US.
In Latin America, demand for phosphate fertilizers remains low, with MAP prices gradually decreasing.
Egyptian urea consumers continue to show high activity. Reportedly, KIMA sold 3,000 t of granular fertilizer at $366/t FOB Egypt in late April.