Market of complex and potash fertilizers // Week 20
The pace of trade remains low on the phosphate market.
The pace of trade remains low on the phosphate market.
Trade has been minimal on the Egyptian urea market in the second half of May.
The Vadul-Siret – Dornesti (Romania) border crossing point handled about 151 wagons per day during May 1-15 (up 14.6 units compared with April).
Demand for phosphates remains strong in Ukraine. Note that Dnipro Mineral Fertilizer Plant plans to resume production of NP 10:32 and NP 8:22 next week.
The market for Egyptian urea has been inactive this week due to lower demand in Europe and falling prices in Brazil and the US.
Approximately 248 wagons (three trains) were transferred daily through the Chop – Čierna nad Tisou land border crossing in the period from May 1 to May 11.
In Latin America, demand for phosphate fertilizers remains low, with MAP prices gradually decreasing.