Urea market sees big gains in the East and West The urea market has seen significant price gains in nearly all markets with supply constraints continuing to push global urea prices up. Product in major export origins for first half September is heavily committed for both prilled and granular urea. In the East, there are…
Price gains for prilled and granular urea support a further increase in the Nitrogen Index First ever Chinese urea cargo sold to the EU Middle East ammonia sees price gains with producers confident Urea markets remain bullish and prices have risen again for granular urea in the Middle East and in China. The market has…
North African prices up over $10pt for August product Arab Gulf prices up $17 on improved US prices and slim availability Big week for Chinese prilled producers as prices gain Ammonia set for big price increases Limited supply pushes North African granular prices up $10pt, Arab Gulf gran up $17pt on back of US gains…
North America: Koch Nitrogen has announced that construction will begin in September on its urea and ammonia expansion project at Enid, Oklahoma. Expected to last 18-24 months, construction of the $1.3 billion project will deliver a 900,000 short ton-per-year urea plant, alongside efficiency improvements and capacity expansions to existing ammonia units. The existing facility was built…
Urea market remains firm: prices advance in China, Middle East and in West Granular market sees greatest advances, while prills advance slowly PWNI up 3.29 points to 163.03 India considers new feedstock subsidy to boost urea production Urea market tight with price increase for granular The trade balance assessment in our latest urea market forecast…
The article below provides an overview of the challenges facing policy makers in India. For information regarding global fertilizer prices, please contact us for a free trial of any of our global fertilizer market reports. India’s new BJP-led Government utilised its first Union Budget to confirm its intention to review the existing urea subsidy arrangement.…
US prompt values ease, tempering Nitrogen Index Supply problems drag on, limiting product available in the short term Big week for urea as India books nearly 1.5m. tonnes of prills at $275-280pt cfr CAN prices up in Europe, Ammonia prices set to increase Urea modestly firm, while US prompt price eases The global urea market…
The article below provides a brief analysis of activity in nitrogen markets this week, drawing on Profercy’s World Nitrogen Index. For more information on global fertilizer markets, including specific market prices and analysis, please contact us to request a a free trial of our Nitrogen market reports. Highlights US prompt prices remain firm, supporting netbacks…
Urea prices fluctuate in narrow ranges; Black Sea prilled urea eases while US supports Middle East granular urea netbacks Unexpected constraints to urea supply continue to support current urea price levels India announces next urea purchasing tender – China seeks improved prices following previous sales in the high $240s to low $250 pt fob China…
High US Gulf urea prices support higher netbacks for Egyptian product Chinese granular urea cargo expected for Europe – first ever major cargo due in Q3 Ammonia and ammonium nitrate prices supported by continued supply cutbacks Profercy’s World Nitrogen Index gained one point this week on the back of stable prilled urea prices in the…