'#Europe Q4 #SulphuricAcid contracts settle at a rollover for #smelters; although #burner acid contracts down €50/tonne at least on low-priced feedstock #sulphur and weak demand. #Fertilizer producers continue to suffer under high #natgas and power costs.
#Urea sellers are thinking 'thank god for Indian tender'. There is no demand anywhere else. India buying over a million tonnes should bring some stability to the market. No buyers in Europe as warehouses full, Brazil is well supplied with sanctioned product #ICIS#Fertilizer
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Day one of the conference will soon begin. We are very excited to be sharing these amazing networking opportunities and insights to everyone in attendance.
The ammonia Tampa contract price drop of $40/tonne at $960/tonne CFR Tampa for July will not prove as painful for suppliers as the May to June drop of $425/tonne to $1,000/tonne CFR Tampa.
Ammonia buying interest up on of gas hikes and further cuts in ammonia production.
Global #potash industry pulls a collective shrug at #IFAVienna on future supply stability, as missing #Belarus and reduced #Russian#MOP supplies won't be replaced any time soon. Arabian, German, Israeli, #Canadian tonnes stepping in, but shortfall is real and worrying.
The ICIS Fertilizer team had many stimulating and insightful meetings about the global fertilizer markets while attending the IFA 2022 meeting in Vienna. Here we share the industry’s thoughts and feelings about these unprecedented times for our industry.
https://t.co/rcItFYl8sT
PACE from Lucio Cinti Luna 🔥
@londonirish were on top form to reach the #PremRugbyCup final last night ☘️
Head to our website for highlights ➡️ https://t.co/7sx3lxe5xF
The price in the latest #urea tender in India is lower than expectations and in fact bearish (tender was for small quantity). The market has been at a standstill for nearly a month as the next big import tender from India is still awaited #ICIS#fertilizer#agriculture
The May US Tampa ammonia contract price has dropped by $200/tonne to $1,425/tonne CFR.
This is second large drop in the price of ammonia this past week, with AOA Edeola/Bahwan having sold a cargo at a $350/tonne reduction compared to its last sale.
The March ammonia Tampa contract settlement at an increase of $490/tonne was received with mixed emotions by industry.
“Unbelievable!”
“Higher than expected!”
“Good level at last!”