Market of complex and potash fertilizers // Week 18
In Latin America, demand for phosphate fertilizers remains low, with MAP prices gradually decreasing.
Commodity markets
Nitrogen fertilizer market // Week 18
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.
Steel scrap market // Week 18
Buying interest in imported steel scrap looks rather moderate in Turkey.
Coal market // Week 18
Export prices keep going down on the world coal market.
Iron ore market // Week 18
Quotes for imported iron ore keep going down in China in May.
Soybean market // Week 18
The US soybean market is under pressure of the ongoing planting campaign, as well as of stiff competition from Brazilian crops.
Sunflower oil market. Ukraine // Week 18
The market for Ukrainian sunflower oil is quiet despite the interest of Turkish importers in spot purchases.
Grain market. Australia // Week 18
Australian wheat prices have dropped by the end of the week, while barley quotes hold steady. Meanwhile, exporters have focused on purchasing high-quality wheat and sorghum.
Grain market. South America // Week 18
The Brazilian corn market remains unchanged. The number of buyers is decreasing, and producers are trying to sell to make room in the warehouses, which leads to lower prices. Relevant quotes suffer additional pressure from the global downward trend.
Grain market. USA // Week 18
The US wheat export market has softened amid improving weather conditions for crops and high competition from other northern hemisphere supplying countries.