Adecoagro plans to take control of Profertil, reviving the dream of making Argentina self-sufficient in nitrogen fertilizers.
Adecoagro announced the submission of a binding offer to acquire YPF’s 50% stake in Profertil S.A., the largest producer of granular urea in South America. The binding offer was presented on terms and conditions virtually identical to those previously agreed upon between Adecoagro and Nutrien, including a purchase price of approximately US$600 million. YPF’s acceptance […]
The international price of phosphate fertilizers continues to fall, while nitrogen fertilizers reflect a “mixed signals”
The prices of phosphate fertilizers in the international market continue to show a clearly downward trend due to the weakness of demand from India and exporting nations trying to generate business in countries reluctant to do business. “With Asia and part of Latin America operating with moderate purchases and coverage already assured, competition between suppliers […]
The downward trend in the international nitrogen fertilizer market has ended, and prices have begun to recover.
The downward trend in international nitrogen fertilizer prices reversed this week due to increased demand in key markets. This week, the Indian corporation Rashtriya Chemicals and Fertilisers (RCF) purchased 430,700 tons of granulated urea in an international tender. Of this amount, 90,000 tons are destined for the east coast of India at US$395/ton CFR, and […]
International Fertilizer Prices Continue to Deflate Amid Weak Demand
International fertilizer prices continue to weaken in most key agricultural regions, although they remain above the levels recorded a year ago. This week’s auction of granulated urea by India’s RCF Corporation resulted in prices below expectations and awards falling short of the 2.0 million ton target, reducing seller interest and leaving open the possibility of […]
International fertilizer prices continue to fall, adjusting to the agricultural business situation
Last week, prices for both nitrogen and phosphate fertilizers continued to fall, aligning with the relative purchasing power of grains. The granulated urea tender held by Rashtriya Chemicals & Fertilizers (RCF) in India received a higher-than-expected volume of bids, demonstrating that supply far exceeds demand. “While the volume offered in this tender is well below […]
The suspension of export duties did not lead to a change in the trend of fertilizer demand among Argentine producers
The temporary suspension of export duties had no major impact on fertilizer demand, despite initial expectations in the agricultural nutrient industry. Within this context, fertilizer prices in the Argentine market continued to decline, matching the international price decline. The main reason for this phenomenon is that the suspension of export duties had a limited to […]
While urea prices are seeking a “floor,” phosphate fertilizer prices continue to fall sharply.
The international urea market continues to be characterized by abundant supply that is not matched by demand, although there are signs that prices appear to be seeking a “floor.” “In India, prices are holding steady following the purchase of 2.0 million tons in the tender held on September 2. With stocks of 2.7 million tons […]
Fertilizer Prices Down: How the Global Correction Impacts Argentine Agriculture
International fertilizer prices continue to decline due to oversupply and lower global demand. For Argentine agriculture, the cost relief comes at the expense of local logistics and availability issues. International fertilizer prices fell again last week, dragged down by global agricultural demand that is unable to sustain high prices amid a scenario of oversupply. For […]
International Fertilizer Prices Hit a Ceiling After Strong Rally
International fertilizer prices appear to have plateaued after a strong upward trend that outpaced the performance of major grain and oilseed markets. In the nitrogen market, India surprised traders by announcing a new tender for 2.0 million tons, closing on September 2, just days after its IPL Corporation awarded over 2.0 million tons at prices […]
The price of phosphate fertilisers continues to rise and everything indicates that there will be an upturn in urea prices
In the midst of the Argentine fine grain sowing season, phosphate fertiliser prices continue to rise, while granulated urea prices are showing signs of a probable recovery. The latest trade report from the consulting firm IF Ingeniería en Fertilizantes indicates that there has been a reduction in the supply of urea in Egypt because several […]
