CIF prices in India fell to $709-$712 per ton, with shipments reported from Chinese, Russian and Jordanian products. Deals from China reflected FOB prices around $685-690 per ton, which was the low end of the range for the week.
European diammonium phosphate prices softened slightly, with signs of consolidation in the northern market around $800 per ton fca. West of Suez, monoammonium phosphate c.i.f. prices climbed to $640-650/mt, with sales at the low end of the range.
Indian diammonium phosphate demand will soften as the winter rabi season winds down. With sporadic demand expected ahead of Ramadan in the summer, market prices are expected to fall. Demand from Brazil will support market prices for monoammonium phosphate west of Suez, driven by reasonable barter rates.
Africa.
- Morocco
Morocco OCP sold 7,000 tons of diammonium phosphate to Western Europe for shipment in December-January at a FOB price of about $750-770/ton.
Asia
- India
India diammonium phosphate c.i.f. prices fell to $709-712/mt. One supplier also sold 30,000 mt of diammonium phosphate, loaded with other products, at about $710/mt cfr, probably from Russia in late January.
- China
Diammonium phosphate FOB prices from China fell to $685-700/mt. A trading company sold 30,000 tons of diammonium phosphate to India in the first half of January at $685-690/mt fob.
- Indonesia
In a December 22 procurement tender by Indonesian state-owned company Pupuk, offers for diammonium phosphate were reduced to $665/mt CFR
Europe
- Nederland’s/Luxemburg/Belgium
Benelux diammonium phosphate prices fell to $785/mt fca Gent at the week's low.
- Germany
Diammonium phosphate from Germany offers were at $785-805/mt fca, but one supplier has raised prices to $815/mt bulk FCA Hamburg
- Romania
Diammonium phosphate prices from Romania slipped to $840-860/mt bagged FCA Constantza.
- Poland
Diammonium phosphate from Poland offers around $840-850/mt bagged Szczecin.
- Russia
Baltic prices of monoammonium phosphate rose to $585-595/mt.
Americas
- Brazil
Brazilian mono-ammonium phosphate prices rose to $640-650/mt cfr from $630-640/mt cfr last week. Another supplier sold 5,000 tons at $635 per tonne cost plus freight and 6,000 tons at $640 per tonne cost plus freight.
- America
Mosaic sold 8,000 mt of diammonium phosphate at $670 per mt FOB Tampa
Attention: The above price information is for commercial reference only due to the diversity of information collected, and Kelewell is not responsible for the authenticity of the data.
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