Railway deliveries of mineral fertilizers to Ukrainian consignees
The total transportation volume of mineral fertilizers by railways dropped by 76,000 t to about 201,000 t in October, showing a decrease of 27% compared with September.
Вантажi: Fertilizers and chemicals
Nitrogen fertilizer market // Week 45
In Egypt, urea producers have returned to work and are operating at full capacity. However, trade remains minimal due to low demand from traders. This week, prices for granular urea are hovering at $400/t FOB. Abu Qir was offering the fertilizer at $395/t FOB Egypt.
Market of complex and potash fertilizers // Week 45
In China, phosphate export quotas for Q4 2023 are almost covered. According to market players, however, it is still possible to export about 200,000-300,000 t of fertilizers in December. Most producers offer DAP for shipments in November, but importers have reportedly requested shipments in December at $570-585/t FOB China.
Riga Freeport cargo turnover in October
The overall cargo turnover dropped by 139,000 t to 1.6 million t at the Riga Freeport in October, showing a decrease of 8% compared with September 2023.
Handling at Ukraine – Poland border crossings*
As many as 3,500 wagons were moving to the Izov station on November 2, including 1,200 wagons with cakes, 457 wagons with vegetable oil, and 173 wagons with grain. About 1,600 wagons were on their way to the Mostyska-2 station on that date, including 900 containers.
Port of Klaipeda cargo turnover in October
The cargo turnover of the Port of Klaipeda increased by 1% in October compared with September.
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.