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.
Updated to Q1 2021
Asia
Phosphates export supply out of China is low for the first quarter, as it will be destined for the domestic market until at least the Lunar New Year in mid February. Chinese phosphates producers are expected to focus on the domestic season for this quarter. In Morocco, OCP will operate at 65% capacity in Q1 and will increase phosphoric acid production and decrease granulation. The producer will also have less product to ship to the US.
Asian demand in the first quarter is traditionally muted, especially in India where it is the off season. Import demand in India is expected to pick up towards the end of the quarter following the announcement of the new budget for 2021-2022 and the settlement of the annual fertilizer subsidies. Phosphates demand for Pakistan is also expected to emerge from February for import cargoes and most buyers are already in the market.
Europe
Availability to Europe is expected to be steady, as producers are focusing on this market and have increased their offer prices. PhosAgro has sold out for exports for January. Russian producers are expected to ship more product to Brazil and Europe if the US import tax on phosphates comes into effect in Q1. In Morocco, OCP will continue shipping product to Europe due to the higher netbacks to the continent.
European phosphates demand is expected to be strong, as it is the season to make purchases for spring application. Also, Russian and regional markets are expected to remain firm for the first three months of the year and producers are looking to focus on these markets where there are better netbacks. Buyers will need to make purchases for this year, as 2020 activity has been lacklustre throughout due to the unfavourable weather conditions earlier in the year.
US
As the quarter moves towards the spring season the availability of supply is expected to increase. The question is whether it will be a case of domestic production rising further, or will imports begin to arrive despite the continuing duty investigations. With the recent tightness, inventory levels are not as replenished as would typically be seen to start a new year.
Demand is expected to rise as farmers are set to plant significant acreage due to favourable crop prices. With many receiving governmental assistance their ability to spend on inputs is viewed as having improved with phosphates expect to be in strong demand. The amount of demand will be lifted during the quarter with buying that was deferred to end last year.
Phosphate fertilizers news and market information products from ICIS
We offer the following regional Phosphate fertilizers analysis and news coverage to keep you informed of factors and developments affecting prices in the Europe & US Phosphate fertilizers marketplace.
Price reporting
Price history
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 Phosphate fertilizers, 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.
ICIS provides pricing information, news and analysis for all major petrochemical and chemical markets, including Phosphate fertilizers.
We offer unbiased and independent price reporting, with our price assessments being widely quoted as benchmarks in contracts.
Our information is collected from market participants by our global network of reporters, delivering unrivalled coverage of established and emerging markets, including China and Asia.
ICIS price assessments are based on information gathered from a wide cross section of the market, comprising consumers, producers, traders and distributors. Confirmed deals, verified by both buyer and seller, provide the foundation of our price assessments, giving you a robust reference for your negotiations.
ICIS collects pricing data on a wide range of chemical, energy and fertilizer products, including Phosphate fertilizers. Our extensive experience in price reporting means we can offer you access to historical data dating back more than 20 years for certain commodities.
Our time series of pricing data enables you to build and model trends, to get a view of where markets might be heading. The data service includes charting functionality, allowing you to chart and download multiple data series for manipulation in your own internal models. You can also export data to Excel via the ICIS dashboard service.
NEW YORK (ICIS)--Here’s Big Oil’s dilemma. Its main products are oil and gas, and the energy transition is rapidly under way. Utilities are building solar and wind capacity, EV battery plants are...
ReadLONDON (ICIS)--Dutch fertilizer major OCI on Friday announced the signing of two memorandums of understanding (MoU) as it seeks to commercialise ammonia and methanol as the "shipping fuels of the...
ReadChinese Premier Li Keqiang announced that the country has set a GDP growth target of more than 6% for 2021. Li was speaking at the National People's Congress (NPC), China's annual parliamentary...
ReadThe sharp global economic downturn caused by the coronavirus pandemic and the collapse in crude oil prices has wide-ranging implications for the fertilizers industry. Bookmark this Topic Page to stay...
Read