As part of our Fertilizers portfolio, the trustworthy and reliable Outlook Phosphates report is published monthly and tracks price movements that impact short-term activity and strategies over the next 12 months. The market intelligence within the report includes overviews, key drivers, price forecasts, demand and supply trends as well as any other key factors impacting prices. You can use this informative and essential business tool when making vital decisions. Integer Research produce these reports on behalf of ICIS.
How we can help
The Outlook Phosphates news and market information products from ICIS
We offer the following regional The Outlook Phosphates analysis and news coverage to keep you informed of factors and developments affecting prices in the The Outlook Phosphates marketplace.
Price Reporting – More information about the price reports we publish on The Outlook Phosphates
Independent price assessments and market coverage by region
Price History – More information about the historical price data we publish on The Outlook Phosphates
Track historical price data
News & analysis
News & Analysis - News & market analysis specifically relating to The Outlook Phosphates
Breaking news of latest developments affecting the markets.
Insight and analysis of factors driving prices.
The Outlook Phosphates: 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
The Outlook Phosphates 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.
Our in-depth market knowledge drives our specialist focus, as we recognise the importance of individual market dynamics and not a one-size-fits-all approach.
Over 25 years of reporting on key chemicals markets, including Ammonia, has brought global recognition of our methodology as being unbiased, authoritative and rigorous in preserving our editorial integrity. Our global network of reporters in Houston, London, Singapore, Shanghai, Guangzhou, Mumbai, Perth and Moscow ensures unrivalled coverage of established and emerging markets.
The Outlook Methodology
About The Outlook Phosphates
DAP (Diammonium Phosphate), MAP (Monoammonium Phosphate) and TSP (Triple superphosphate) are the most commonly traded phosphate fertilizers.
DAP is produced by combining phosphoric acid with ammonia. It contains 18% nitrogen and 46% phosphorus pentoxide. It is widely produced in granular form for direct application as a fertilizer or for blending with other types of fertilizers, and in the non granular form for use in liquid fertilizers. It is stored and transported as a solid at ambient temperatures.
MAP is also produced by combining phosphoric acid and ammonia. The most common grade for MAP is 11% nitrogen and 52% phosphorus pentoxide. MAP is widely produced in granular form for direct application as a fertilizer or in bulk blending of dry fertilizers. The compound is also a component of some dry powder fire extinguishers. It is stored and transported as a solid at ambient temperatures.
TSP is made by reacting wet-process phosphoric acid with phosphate rock. Typically it contains 46% P2O5. TSP is produced in granular and non-granular form and is used both in fertilizer blends (with potassium and nitrogen fertilizers) and by itself.
DAP is the most widely-produced phosphate fertilizer. Production amounts to more than 20m. tonnes a year, of which about 12m. tonnes are traded internationally. It is produced in around 20 countries worldwide and consumed in every developed agricultural market. The largest producers are US, Chinese and Indian companies, who have massive domestic markets to serve. The main exporters are producers in the US, Morocco, Tunisia, Jordan, Russia, Lithuania, Australia and China.
MAP production amounts to about 13m. tonnes a year, of which about 7-8m. tonnes are traded internationally. It is produced in around 10 countries. The largest producers are US, Chinese and Russian companies, who have large domestic markets to serve. The main exporters are producers in the US, Russia, and Morocco and the main import market is Brazil.
TSP production amounts to around 5m. tonnes a year, of which around 4m. tonnes are traded internationally. It is produced in about 10 countries. The largest producers and exporters are Chinese, Tunisian, Moroccan, Israeli, Bulgarian and Egyptian companies. The main consuming countries are Brazil, Bangladesh, Iran the US and northwest Europe.