Tag: Potash

Market snapshot, 15th August 2024 Urea: A stand-off between buyers and sellers has left prices fairly flat in recent weeks with little liquidity. India's latest import tender was, however, finally confirmed for 29th August closing. The tender’s long shipment window allows NFL to secure tonnages through to end-October and took the market by surprise. This is a bearish signal that should increase dramatically the volume offered to NFL. The tender could exclude volumes from China with supply instead focused on the Middle East and Russia.

Tessenderlo Kerley International (TKInt) is a major global supplier of water-soluble sulphate of potash plant nutrition and the leading producer of thiosulphate-based fertilizers. In an exclusive interview, we speak to Nicolas White the company’s Portfolio & Knowledge Director, about recent strategic developments. These include major investments in new production, transshipment and storage capacity, production offtake agreements, and product sales and marketing rights.

The International Fertilizer Association (IFA) recently published its annual medium-term outlook for the fertilizer market. This followed presentations by Laura Cross and Armelle Gruère of IFA’s Market Intelligence Service at the Association’s Annual Conference in Singapore in late May.

The US fertilizer industry, ranked fourth globally in terms of total production capacity, has grown and developed alongside an increasingly sophisticated domestic agricultural sector. The Biden administration has earmarked $900 million for investment in fertilizer assets to boost domestic production capacity and reduce input costs to farmers.

We profile leading suppliers of tailor-made pumps to the phosphate, potash and sulphur industries.

Market as of 20th June 2024. Urea: Prices remain stable while the market awaits clear price direction on whether to hold current f.o.b. levels or to push higher.

Some 1,265 delegates from 552 companies and 72 countries gathered in Singapore for the 9Ist International Fertilizer Association (IFA) Annual Conference, 20-22 May 2024. Claire Newell, IFA’s Director of Communications & Marketing, reports on the main highlights of this three-day flagship event.

We highlight recent innovations, including fertilizers recovered from industrial residues, novel controlled-release coatings, and products that incorporate biological components designed to benefit both crop nutrition and soil heath.

We compare and contrast the 2023 financial performance of selected major fertilizer producers following the publication of fourth quarter results.

Urea: Prices continued their global decline in mid-April, including at New Orleans. The notable exception was Brazil where prices firmed due to buyer interest in the market for May and beyond.