Global Ammonium Phosphate Industry Events Review (September 3 - September 8)--Part1

Writer： MAYHARVEST Time：2022-09-11 15:45:42 /p>

Morocco,Africa

The Moroccan OCP stated that small batch DAP sales to Western Europe in September-October were about FOB price of US $940-1000 / ton .The amount of surplus DAP sold to India as initially reported last week was accurate.A small amount of MAP (less than 5000 t) is also sold to Western Europe at FOB price of US $970- US $990 / t for shipment in September-October.OCP offered the lowest price in the TFRA diammonium phosphate tender, and in the DAP tender at TFRA Tanzania on September 6, OCP offered the lowest price at a FOB price of $790 / ton. OCP's offer may reflect a CFR price of $830 / ton, payable on a 180-day credit period. There are five quotations. TFRA asked for a quote for 20,800 tonnes of diammonium phosphate to be delivered to Dar es Salaam between October 20 and November 10, a source familiar with the matter said.

Tunisia

The DAP FOB price for GCT in Tunisia is $880- $950 / ton.

Saudi Arabia, Asia

Sabic of Saudi Arabia has sold 25, 000 tonnes of MAP at the contracted price, which will be shipped to the US this month.

Jordan

Jordan has yet to confirm new DAP sales, but latest indications from some markets suggest FOB prices have fallen to $825 / ton. The price of the goods to be shipped in October is under discussion.

India

The CFR price of diammonium phosphate in India fell to $780-795 / tonne, with at least one order from a Chinese exporter at a lower price. This is down from last week's CFR price of $815-820 / ton. Trading companies also made other Chinese cargoes this week, at least one of which was more expensive, with a CFR of about $810 / ton or more. Another deal is under discussion at a CFR price of $790 / ton. About 2.2 million tons of DAP are now scheduled to arrive in September-October. Monsoon rainfall, meanwhile, remained steady, up 5 percent from the long-term average since early June.

NFL, a fertiliser importer in India, did not receive offers in a tender on September 6 for the purchase of up to 100,000 tonnes of DAP. The NFL requires two shipments of black, dark brown or natural color DAP to be shipped by Oct. 10. One shipment was ordered to the east coast of India and the other to the west coast. The NFL requires a minimum quantity of 25,000 tons. RCF seeks Monoammonium phosphate 10-50 Importer RCF is seeking 20,000 tons of MAP10-50 and the tender deadline is September 12.