India’s massive demand ensures that high international urea prices are here to stay

International fertilizer prices, after reaching record highs, are experiencing fluctuating situations across different markets due to the specificities of each market. India this week held an import tender for 2.0 million tons of granulated urea and announced that it will launch a new tender for an additional 1 million tons in two weeks. “This move […]

International Urea Price Continues to Rise, Contrary to Grain Prices

Last week, the international price of urea continued to rise, driven by a tender held by India. Indian Potash Limited received bids for 2.6 million tons to purchase 2.0 million at prices of US$530-532/ton CFR. Shipments are scheduled for next September, and the next tender is expected in the first half of September. “Analysts view […]

Russian Fertilizers: A Latent Threat to Latin American Agriculture

The possible imposition of new US sanctions on buyers of Russian fertilizers puts regional agriculture in jeopardy. Latin American agriculture is once again in the spotlight. The threat of new US sanctions against buyers of Russian fertilizers could unleash a chain of adverse consequences for the region’s agriculture. Brazil, Mexico, and Colombia, three of the […]

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