The global phosphates markets are covered weekly by ICIS in The Market. The Market gives you the global view on the fertilizer market, and is tailored for the international fertilizers business. The commentary includes supply and demand trends, production news, shipping enquiries, fertilizer prices and price drivers and fluctuations.
Commodities covered in The Market include:
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Phosphate fertilizers news and market information products from ICIS
We offer the following global phosphates analysis and news coverage to keep you informed of factors and developments affecting prices in the Phosphates marketplace.
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Phosphate fertilizers: Market overview
Updated to Q3 2017
The phosphates market globally is expected to pick up in the third quarter of the year following months of lacklustre demand.
East of Suez, the Indian phosphates market is predicted to be active in the third quarter. Following the settlement of the phosphoric acid contracts at a $23/tonne decrease for the second half of the year and the reduction of the Goods & Services Tax (GST) on finished fertilizers to 5%, farmers are expected to make steady DAP/NPK purchases as inventories continue to be high. Also, Pakistan and Bangladesh are expected to be active in the coming months.
Another region that is expected to be healthy in Q3 is the US, as domestic demand for summer fill barges kicks in. DAP/MAP prices have been sliding recently due to a lack of liquidity, but there are expectations that buyers will return to the market soon.
In Brazil, MAP prices have been edging downwards recently due to a lack of demand, fluctuations in the currency because of political instability and high competition from China. Demand is expected to be strong though for the summer soybean season.
However, market players are worried about over-supply towards the end of the year as both new plants by OCP and Ma’aden will have come onstream and that is bound to put pressure on prices globally.
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.
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.
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