The stevedoring companies operating in the Port of Klaipeda stepped up handling of various types of cargoes by 10% month-on-month to 3.4 million t in March 2023, exceeding the February handling volume by 309,000 t.
In mid-March, an Egyptian producer sold granular urea at $350/t FOB, so this week prices have dropped to $330-345/t FOB Egypt.
According to the agreement between OCP and BADC, OCP will supply 40,000 t of DAP to Bangladesh at a price of about €560/t FOB Morocco.
The Freeport of Riga stepped up the total cargo turnover by 27,000 t to 1.8 million t in February 2023 compared with January 2023.
Vadul-Siret – Dornesti (Romania) land border crossing served about 191 wagons per day in the period from March 1 till March 21 (two trains on a 1520 mm gauge track and two trains on a 1435 mm gauge track).
The Freeport of Ventspils handled about 826,000 t of cargo in February 2023 (down overwhelming 751,000 t from January 2023). Note that the February 2023 cargo turnover appeared to be the lowest since October 2021.
Azot (Cherkasy) and Rivne Azot have increased the load of their production facilities to 70% and 50%, respectively. Azot (Cherkasy) is currently producing ammonia, ammonium nitrate and urea, while Rivne Azot has launched an ammonia shop, an ammonium nitrate shop and a CAN shop.
No fresh deals have been reported on the global DAP market. Offers come within $658-687/t FOB Baltic ports.
Several fresh deals for urea supplies in February have been signed in Egypt this week. At the same time, spot trade remains dull in Europe.