A negative weak for urea as US prices follow price movements elsewhere

Profercy’s Nitrogen Index dropped for the fourth consecutive week on the back of price falls for both grades of urea.  Of particular note, the low end of Profercy’s price range for US Gulf fob prices fell by $35ps ton this week. The changing fortunes for Gulf barge prices mean that Middle East producers will see…

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Nitrogen: Prilled urea remains under pressure while granular urea holds

As the urea market heads towards Q2, the week saw little major buying activity. Prilled urea continues to bear the brunt of buyer nervousness. Since 23 January, the high end of Profercy’s price quote for Yuzhnyy prilled urea (fob basis) has fallen by $45pt.  In the East, those holding Chinese prilled product are hoping for…

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Special Report: OCP progresses on new 4m tpa P fertilizer capacity; Rock slurry pipeline poised for service

Morocco: During an industry conference this week in Morocco, OCP has showcased its progress towards adding four new 1 million tpa DAP, MAP, NP/NPK units – and the common infrastructure to support them – at Jorf Lasfar. The photo below shows construction progress to early 2014 on Unit 1, which is due for commissioning in…

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