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 […]
Argentine Fertilizer Demand Remains Sluggish Despite Early Corn Planting
Argentine fertilizer demand remains unresponsive despite the start of the early corn planting season, deepening the downward pressure observed in the global market. The international urea market has adopted a wait-and-see approach ahead of the Indian auction on October 15. Buyers are also closely monitoring export quotas granted by the Chinese government amidst a turbulent […]
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 […]
International fertilizer prices continue to fall to align with grain purchasing power
International fertilizer prices continue to adjust to align with the relative value of grains. While the trend is led by nitrogenous fertilizers, phosphate prices are also falling. This week, the main focus in the urea market was on the possibility of India launching a new purchase tender, while doubts persist as to whether China will […]
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 […]
Fertilizer prices continue to fall, beginning to align with the purchasing power of grains
Fertilizer prices on the international market continued to adjust downward this week, beginning to align with the purchasing power of major grains. Regarding nitrogen, the urea tender launched by the Indian corporation NFL received bids totaling 5.6 million tons, a much higher volume than expected, reflecting ample product availability from Russia, the Middle East, North […]
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 […]
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 […]
