Writer: MAYHARVEST Time:2022-11-30 18:38:46 /p>
Thailand - DAP from China quoted US $790- US $840 FOB, with a Chinese supplier quoted around US $830 CFR. A 6,000-8,000 ton bulk carrier from South China to Thailand costs around $30 / ton. Most importers are not in the market for new goods, they are focused on clearing current inventories.
Due to limited export quotas, a Chinese producer has pledged to export 20,000 tons of diammonium phosphate to Vietnam through cross-border trade by the end of 2022, less than the 100,000 tons required by its agent in Vietnam. From September 10 to 18, 3,700 tons of powdered MAP will be loaded in Panjin, China, and then unloaded at HoChiMinh, and there was a freight inquiry. In the domestic market, the bagged retail price of Russian diammonium phosphate is 25,000 dong/kg ($1,060 / ton), while the bagged warehouse price of Chinese green standard diammonium phosphate is 26,600 dong/kg ($1,128 / ton). The anti-dumping duty rate on phosphate fertilizer, which includes DAP, MAP and various NP, NPK and PK products, is 1.002 million dong/ton ($42.50 / ton) and is valid until Sept 21, but the government has yet to announce any update to the policy.
Atlas of the Philippines has won the bid to purchase 8000 tons of yellow diammonium phosphate at the price of USD 840-845 / ton CFR, which will be shipped in October. Some participants indicated that the winning price was lower than 840AtlasCFR. The goods are likely to be loaded from South China.
Malaysian small lot DAP is quoted at about US $850 / ton FOB China, small lot 10-50 granular MAP is quoted at about US $750 / ton FOB China, both in September container shipments.
"Indonesian
Indonesia's latest trade data showed DAP imports doubled in July from a year earlier to 34,000 tonnes, led by Chinese sources. China supplied 29,100 tons, up 74 percent year on year. The rest came from Vietnam. Imports in the January-July period rose 26 percent from a year earlier to 206,600 tons, with supplies coming from China, Russia and Jordan. Imports from China rose 24 per cent year on year to 100,800 tonnes, despite export restrictions to limit volumes. Russia and Jordan supplied 56,800 and 31,500 tonnes, respectively, compared with zero a year ago.
Lifosa, a Lithuanian phosphate fertilizer plant, will stop production from September 13 due to insufficient ammonia supplies. The 70,000 t/mo DAP and NPS facilities started to restart on August 7, but production will stop next week. Achema, a Lithuanian nitrogen producer, has been struggling to find ammonia to use as a feedstock for phosphate production since it halted production this month because of soaring gas costs. The company will continue to produce DAP until September 13 and has some "small inventory" available for sale in warehouses, the sources said.
The Italian DAP is still priced at around €1,100 / tonne bagged fca.
Brazil's MAP was slightly weaker at $750- $770 CFR/tonne, down $10 / tonne at the higher end. Overall, activity remains slow, with increased demand and activity for NP. Producers hold $11- $52 CFR at $750 / ton and above. Monoammonium phosphate 11-44 was quoted above $600 / tonne CFR this week, while actual trading was as low as $500 / tonne CFR.
Mosaic price reduced to $760-800 / ton FOB Tampa.
Phone: 008617313349828
WhatsApp: 008617313349828
Email: info@mayharvest.com
Add: FLAT/RM B 5/F GAYLORD COMMERCIAL BUILDING 114-118 LOCKHART ROAD HONG KONG