Phosphate fertilizers Prices, markets & analysis
Whichever regional Phosphate fertilizers markets you work in, ICIS offers the thorough pricing information you need to operate with confidence.
Our insights into regional Phosphate fertilizers markets are provided by our network of reporters based locally in those markets.
This enables us to provide in-depth price assessments and market coverage that are reliable and up-to-date on the very latest developments.
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We offer the following regional Phosphate fertilizers analysis and news coverage to keep you informed of factors and developments affecting prices in the Phosphate fertilizers marketplace.
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Phosphate fertilizers: Market overview
Updated to Q3 2014
The attention of the phosphates market will be on India in Q3, where market players are waiting to see the amount of DAP demand that will arise following the monsoon season.
There were expectations for 4.5m-5m tonnes of imports earlier this year, but market players have cautioned that demand from India will be lower than previous years and these levels have dropped to below 4m tonnes due to the lower than expected rain levels. Also, so far 1m-1.2m tonnes of DAP have been bought for arrival through July.
Discussions for phosphoric acid contracts for Q3 deliveries are taking place at the moment in India, with producers asking for price increases. Discussions for phosphate rock quarterly contracts are expected to follow the acid negotiations.
China, on the other hand, has sold less than expected DAP volumes to India since the opening of the low export tax window in mid-May. Producers have been selling DAP to other markets, like the US, Bangladesh and Pakistan, or have focused on MAP 11.44 and 10.50 business.
On the production front, most producers are sold out for July in North Africa, the US and Russia and availability is tight. However, OCP is understood to commission the first of four new DAP/MAP, NP/NPK units in Q3 2014, with the remaining expected in 2015.
News & analysis
Phosphate fertilizers news & analysis
ICIS price assessments are based on information gathered from a wide cross-section of the market, comprising consumers, producers, traders and distributors from more than 250 reporters world-wide. Confirmed deals, verified by both buyer and seller, provide the foundation of our price assessments.
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