Shankar Ganesh

[Fertilizer Week @FertilizerWeek1]

A recent rally in agricultural prices, combined with some declines in DAP/MAP prices, has left #phosphate fertilizers more affordable than they have been for much of this year #fertilizer

[Fertilizer Week @FertilizerWeek1]

#Sulphur prices are up 72% since the beginning of the year (now 95% above the 2020-24 avg) while #ammonia has declined 28% y-to-d (now 42% below the five-year avg). For the first time on record, prices of these two commodities in the Middle East could converge

[Fertilizer Week @FertilizerWeek1]

The FLA conference closed in Miami last week and most global #urea prices moved higher, even with the absence of a fresh India tender. The market is tight in the short term, but a correction is expected in April once Europe has finished buying and US support fades (1/3)

[Sulphur Institute @TSIsulphur]

Did you know the benefits of sulphur in soybean? Click on the link.
https://t.co/3Aa5VPMBIQ
#GlobalFertilizerDay #TSI #SulphurInstitute #4RFarming #madepossiblebyfertilizer #Sulphurthe4thMajorCropNutrient
@Fertilizer_Inst @FertilizersEuro @FertilizerCA @WorldFertilizer

[Josh Linville @JLinvilleFert]

Rumor mill is heating up that #India will call a fresh #urea purchase tender in the next week...and global urea prices are rising as a result after a period of inactivity...

[GRAINS & SOYBEANS 2️⃣2️⃣ 🟩🟨🟦 @GRAINSOILSEEDS]

#Brazil- rumors in the market that Diesel for trucks are already hard to find in some places in Brazil. Reason is that prices are controlled by government and imported Diesel is not entering in the country anymore. This can be catastrophic for logistics of #soybeans and #corn.

[Fertilizer Week @FertilizerWeek1]

Exports of #potash are recovering faster than expected this year, as illustrated by our chart of the week #MOP #fertilizer

[Fertilizer Week @FertilizerWeek1]

#Phosphate prices dropped into India and Brazil amid rising supply from China and poor demand. #Potash declined in SE Asia and oversupply weighed on domestic prices in China. #Sulphur prices were stable amid a lack of new spot deals (3/3) #fertilizer

[Fertilizer Week @FertilizerWeek1]

Our chart of the week shows how the spread between China's domestic and international #DAP prices has disappeared, with export restrictions now eased and sellers adding volumes to the international market #phosphate #fertilizer

[Andrey Sizov @sizov_andre]

#Bunge shares rallied today after news about a potential merger with #Viterra. The market seems to think that Viterra is the buyer...could it be the opposite? Glencore had plans to sell Viterra and could need cash for its Teck proposal...

$bg #oatt

[Shankar Ganesh @ischankar]

@FertilizerWeek1 And would drop further still!

[Fertilizer Week @FertilizerWeek1]

Heading into next week's FLA Conference in Rio de Janeiro, Brazil MAP prices have been stagnant for 3 weeks, with participants keenly aware of the ongoing India phosacid talks (see previous thread). Can the deadlock be broken before February? #phosphate #fertilizer #fertilizantes

[Fertilizer Week @FertilizerWeek1]

Granular #MOP in Brazil began the year at $795/t CFR and reached a record-high average of $1,180/t CFR by mid-April amid but had slid to $500-530/t CFR by late December #potash #fertilizer

[Fertilizer Week @FertilizerWeek1]

The spot price for Middle East #sulphur finished the year at $170/t FOB – the final 2022 assessment is down 64% from its high June high of $478/t FOB but still up 143% from the $70/t FOB of August following an astonishing price collapse

[CRU Communities @CRUconferences]

Fertilizer Latino Americano '23 will have more faciliated networking opportunities than ever before with three receptions & the networking app. View the attendee list https://t.co/cVDsVNNPz2 650+ now registered - book to plan your meetings! https://t.co/xx8SB2Fr28 #CRUfertilizers

[Fertilizer Week @FertilizerWeek1]

#Urea activity was limited as suppliers eyed the approaching import tender in India, with downwards pressure expected to continue through November. #Nitrates prices dropped and #ammonia was little changed as a lack of buyers in Europe prevented any major test of the market (2/3)

[Fertilizer Week @FertilizerWeek1]

Our chart of the week shows record #ammonium #sulphate exports from China, as supply has been increasing while AS does not face the export restrictions and quotas that most #fertilizers face from China

[Fertilizer Week @FertilizerWeek1]

#Fertilizer prices continued their downwards trajectory as China celebrated Golden Week and market participants gathered in Singapore for the IFA Crossroads conference. #Nitrogen prices were mixed, with US values firming ahead of river closure (1/3)

[Fertilizer Week @FertilizerWeek1]

Our chart of the week shows European #ammonium #nitrate almost back in the money following falls in gas prices #fertilizers

[Fertilizer Week @FertilizerWeek1]

This chart shows the drop in TSP/DSP/SSP #phosphate #fertilizer exports from China in H1 2022 due to the government quotas. CRU expects some smaller producers lacking quota allocation to shut down or move to premium specialty products and larger producers to focus on DAP/MAP