In Ukraine, phosphate fertilizers are being purchased mainly in small lots. Demand for NPK fertilizers remains low. Some farmers are buying small and medium-sized batches of the product. Note that supplies of imported NPK have started to decline seasonally.
The cargo turnover increased by 118,000 t to 3.6 million t in the Port of Klaipeda in September. The Klaipeda State Seaport transshipped 2.8 million t of cargo in the period under review (up 172,000 t from August)
About 2,800 wagons were moving to the Izov station on September 27. Up to 2,000 wagons were on their way to the Mostyska-2 station on that date, including 1,000 containers, 450 wagons with metals and 219 wagons with coal.
The total rail transportation volume of mineral fertilizers surged by 86,000 t to 346,000 t in August compared with July (up 33% month-on-month), which has become the best monthly result since the start of this year.
In Ukraine, urea is being supplied to domestic and foreign markets, and is also processed into UAN. OstChem Retail has not changed the fertilizer price.
In Ukraine, farmers are purchasing phosphate fertilizers required for the fall application. The products are being mostly purchased in small stems. However, prices continue to decline. Dnipro Mineral Fertilizer Plant continues to produce NP 10:32 and NP 8:22.
In the second week of September, Egyptian producers have been offering granular urea at $460-470/t FOB, although the netback from prices in Europe has reached $410-445/t FOB. No signed deals have been reported.
Chinese suppliers have been granted DAP export quotas for Q4 2023 in the amount of 1.2 million t. However, restrictions on urea exports have recently been introduced, so market participants believe that they may also apply to phosphate. The government has reportedly suspended CIQ inspections (authorities that deal with quarantine and inspection of imported…… Read more »
Up to 557 wagons were reportedly heading to the Batiovo – Epereshke land border crossing point on September 18, of which 108 wagons were loaded with grain, 220 wagons with iron ore, 81 wagons with mineral fertilizers, and 32 containers.
As many as 1,866 wagons including 110 wagons with sunflower oil, 535 wagons with cakes, 612 wagons with ore and 182 containers were moving to the Izov station on September 13.