Phosphorus fertilizer price increase
Indian buyers tried to replace D.A. with other sources in order to put pressure on the P-Asia. Now that China's June diurn offshore quotation for India is US$610, Chinese manufacturers are visiting India. Their intentional prices for diammonium and compound fertilizers are based on the current high price of China's domestic chemical fertilizers and the expected increase in sulfur costs. Set, therefore, the current market situation does not have any negotiation pressure for the American Phosphorus Association. Looking at the situation of sulphuric acid, last week the Indian Farmers' Fertilizer Cooperative proposed to the American Phosphorus Association that the second-quarter sulphuric acid price be fixed at C$920 (consolidated), but was rejected by U.S. exporters. It is understood that the lowest intentional price of suppliers in Morocco and the United States in the second quarter is 1,000 US dollars. In the case of calcium sulphate, the Indian farmers' fertilizer cooperatives' intentional price for 1 million tons of calcium sulphate is the CIF price of 140 US dollars, while the supplier's January 31 offer price is 189 ～ 290 US dollars. The increase in shipping prices and other related prices has brought about a certain impact on the import costs of Indian fertilizers. At the same time, as the cost of imports of ammonia, sulphur, phosphate rock and phosphoric acid continues to rise, the production costs of diammonium and compound fertilizers in India have also risen. It is expected that the domestic retail price of fertilizers in India will have limited room for growth before May. For India, it is best to sign a 6-month contract with the American Phosphorus Association and a second price negotiation in September. However, this will increase the difficulty of implementation. Therefore, the contract may also be conducted on a quarterly basis. Negotiation, so that the contract price of phosphate fertilizer can be consistent with the price of sulfuric acid and phosphate ore. More importantly, the next round of price negotiation in June is exactly the time for China to open its export market. advantageous. Except for India, the price of phosphate fertilizers in the United States fluctuates slightly, but export prices have continued to rise and have now reached the FOB price of US$620 or even higher. The suspension of production in Tunisia has strained the supply of heavy calcium, and this month Morocco also shut down a device. Jiangmen HomeMaster Electric Motors & Appliances Manufacturing Co., Ltd , https://www.homemasterjm.com