Port of Klaipeda cargo turnover in October
The cargo turnover of the Port of Klaipeda increased by 1% in October compared with September.
Вантажi: Fertilizers and chemicals
Market of complex and potash fertilizers // Week 44
This week, Brazilian consumers are showing moderate demand for phosphates, but suppliers have raised MAP prices due to limited export volumes. The latest sales deals for MAP 11:52/12:52 have been signed at $565/t C&F for shipments in December.
Nitrogen fertilizer market // Week 44
In late October-early November, Egyptian plants have been offering granular urea at $410-420/t FOB. AlexFert and MOPCO each have sold 5,000 t of granular fertilizer at $410/t FOB for shipments in November. Meanwhile, Abu Qir offers prilled urea at $400/t FOB.
OSTCHEM’s fertilizer production up 92% yoy in Jan-Sept 2023
The output of mineral fertilizers at the production facilities of the nitrogen holding company OSTCHEM of the Group DF reached a total of 1.57 million t in the period from January 1 to September 30, 2023. In particular, Cherkasy Azot produced 1.22 million t and Rivneazot 347,300 t of mineral fertilizers.
Nitrogen fertilizer market // Week 43
Trade has been slow on the urea market this week as players were waiting for the results of the Indian tender. On October 26, IPL has purchased about 1.7 million t of urea at $400/t and $404/t C&F India with shipments to the west and east coasts of the country, respectively.
Market of complex and potash fertilizers // Week 43
Phosphate trade remains low in Brazil. The market is still seeing offers of MAP 11:52/12:52 at $540-50/t C&F. Some importers report a shift in shipping period of OCP-produced Moroccan fertilizers.
Handling at Ukraine – Slovakia border crossings*
Up to 250 wagons were transferred daily through the Chop – Čierna nad Tisou land border crossing point as of October 26 (down 41 units in two weeks). In particular, 223 wagons were moving on export routes (down 35 units), while 27 wagons arrived with imported goods (down 6 wagons).
Market of complex and potash fertilizers // Week 42
The global phosphate fertilizer market remains nearly unchanged. Demand is low in Latin America, with quotes stable in most cases. MAP 11:52 is offered at $550/t C&F Brazil and $590-600/t C&F Argentina.
Nitrogen fertilizer market // Week 42
Earlier this week, Egyptian producers were offering granular urea at $420/t FOB. Fertiglobe sold 50,000 t of the fertilizer to EFC at $405/t FOB and 6,000 t at $400/t FOB. MOPCO sold 6,000 t of urea and a 10,000 t stem at $400/t FOB.