Handling at Ukraine – Slovakia border crossings*
As many as 267 wagons were transferred daily through the Chop – Čierna nad Tisou land border crossing point as of July 20 (up 2 wagons compared with the previous week).
As many as 267 wagons were transferred daily through the Chop – Čierna nad Tisou land border crossing point as of July 20 (up 2 wagons compared with the previous week).
Rivne Azot (part of OSTCHEM/Group DF) has resumed operations of its ammonia production shops with a capacity of 1,350 t per day and ammonium nitrate production shop with a capacity of 1,560 t per day after modernization.
Demand for imported phosphate fertilizers has increased in Brazil, but most global suppliers have already sold out stems to be produced in July and August.
Egyptian MOPCO has sold two 5,000 t lots of granular urea at $365/t FOB and $370/t FOB for shipments in late July.
The owners of EuroChem Group AG have announced the possibility of forced mothballing of the Lithuanian fertilizer plant Lifosa (Kėdainiai) starting in October this year due to the impact of sanctions* that limit profitable activities.
By the end of the reporting week, sales of granular urea have been made at $335-340/t FOB Egypt.
Demand for phosphate fertilizers is moderate in Latin America. EuroChem’s latest deal to sell 5-10,000 t of MAP has been signed at $430-435/t C&F Brazil with shipment in late July or August.
At the start of the week, activity of Egyptian urea producers was again minimal. Later on, deals for the sale of granular fertilizer have been concluded within $305-340/t FOB.
Indian importers have been sluggish on the phosphate fertilizer market. Some players expected that the disclosure of the DAP offer prices received by RCF within the tender would show the actual level of quotes on the Indian market.