At the end of the global fertilizer industry frequented by foreigners

Nitrogen Fertilizer: The urea market rebounded In only two weeks, the international urea market turned from weak to strong. Last week, prices in Yuzhnyi, the United States, and the Middle East all increased, and urea prices in Egypt and China also found support and stopped falling.

The trader purchased the large-size urea in the Middle East and the FOB price was between 325 and 330 US dollars. It was shipped at the end of December. The FOB of New Orleans Harbor in the United States from January to February of the next year will be similarly raised to 320 to 325 US dollars per short ton, which is equivalent to the US$320 off the Middle East at current low freight rates. As a result of insufficient supply of natural gas, production of large-particle urea in Egypt was once again affected. In December, the source price of goods reached the bottom and the FOB price was US$345. The current sales targets of Ukrainian producers are concentrated in the domestic market, and most of their urea production from December to February next year will meet domestic demand, forcing traders to significantly increase their prices in order to execute December orders. Increased to US$316. Several traders did not purchase enough Chinese granules of urea that are scheduled to export to India in early January of next year. The FOB prices of Chinese supplies have risen to 285-286 US dollars last week.

The sudden improvement of the market has prompted several major buyers to return to the market for procurement, which will support the urea market to remain strong until January 2015. Demand in the U.S. market is strong, forming strong support for large-particle urea, but with the end of shipment to India, the Black Sea urea granules order has been fulfilled, so the small-granule urea market may be weak in the latter part. (Zhang Guimin)

Phosphate Fertilizers: The Eastern Hemisphere Market Continues to Strengthen The US phosphate fertilizer market remained strong last week. The transaction prices of diammonium and monoammonium exported from Metso to China, the United States, Latin America and Australia combined with the FOB price of Tampa from 460 to 465 US dollars. Due to Missphos’ plans to stop the phosphate fertilizer production line, the price of diammonium in the US domestic barge is also affected. Increased.

Russia's Phos Agro sells 30,000 tons of monoammonium to traders and ships them to Brazil. The transaction has a CIF price of US$486, and the producer has raised CIFs to US$470-480. In the European market, PhosAgro reached a FOB of US$460-$465. Trader Yunan purchased 25,000 tons of diammonium from JPMC in Jordan last week. Saudi Basic Industries Corporation continued to produce mono-ammonium until mid-December.

The eastern hemisphere market is stable, as traders are waiting for China's export tariff policy in 2015, so the trading was light last week. Near the end of the year, there was almost no purchasing demand in Pakistan. The country's imports of diammonium amounted to 1.03 million tons from the beginning of the year. Currently, the inventory of diammonium is 200,000 tons. It is expected that the inventory will be reduced to 130,000 tons by the end of December.

Jordan JPMC and two major fertilizer manufacturers in India recently reached an agreement on export of 850,000 tons of phosphate fertilizer and raw materials. It is expected that JPMC’s 2015 sales to India will reach 3.5 million tons, and the company’s 2015 total sales volume will reach 8 million tons. In addition, JPMC also reached an agreement with Serbia for the export of 250,000 tons of phosphate fertilizer, indicating that JPMC is reoccupying the previous export market share, including Eastern Europe, Australia, New Zealand and South Korea. The manufacturer is planning to increase the operating rate of the production line in Aqaba to 100%.

Australia’s diammonium export volume in October was 71,000 tons, an increase of 249% year-on-year, of which 58,000 tons was shipped to Pakistan and 13,000 tons was shipped to New Zealand. From January to October, total exports of diammonium in the country decreased by 11% year-on-year to 274,000 tons, of which 136,000 were exported to Bangladesh, 58,000 tons to Pakistan, and 45,000 tons to New Zealand.

According to the latest statistics, in September of this year, the export volume of diammonium in Morocco increased by 70% year-on-year to 121,000 tons, of which 59,000 tons was exported to Bangladesh and 38,000 tons to Spain. From January to September, the total export volume of diammonium in the country increased by 24% year-on-year to 1.2 million tons. In the same period of 2013, the export volume was 997,000 tons. Exports to Brazil increased by 97% year-on-year to 23.3 million tons. Exports to France increased by 12% year-on-year to 170,000 tons. Exports to the United States decreased by 39% year-on-year to 109,000 tons. . In September, the export volume of monoammonium in Morocco increased by 56% year-on-year to 122,900 tons, which was 83,000 tons in the same period of 2013. From January to September this year, the country’s total ammonium exports increased by 20% year-on-year to 1.34 million tons, which was 1.22 million tons in the same period of 2013. The OCP plans to increase the quotation for the European market from January 2015. (Zhang Guimin)

Kazakhstan receives 3.8 billion U.S. potash investment According to Reuters, Kazakhstan recently received 3.8 billion U.S. dollars in investment to support local potash projects. Kazakhstan’s Minister of Investment and Development Aset Isekeshev stated that investment will effectively increase the country’s fertilizer infrastructure and increase the country’s fertilizer supply capacity. It is expected that production will increase to 7 million tons in 2025. The Kazakhstan-potash fertilizer company controlled by China has already begun to build two potash fertilizer plants in Chelkarskaya and Zhilyanskoye with a construction period of 2015-2016.

The preliminary exploration results of Kazakhstan Potash Fertilizer Company show that after the completion of the Zhilyanskoye Potash Mine, it will produce an annual output of 600,000 tons of potassium chloride and 1.2 million tons of potassium. By then, the total capacity of potassium chloride and potassium will increase to 1.2 million tons and 240 tons, respectively. Ten thousand tons. In addition, the company is still evaluating Chelkarskaya and will announce the results soon.

It is understood that this is part of the $14 billion investment project signed by the prime ministers of China and Kazakhstan. China is an important exporter of potassium potash in Kazakhstan, and China is also a large importer of potash fertilizer. The investment in Kazakhstan's potash fertilizer project is beneficial to safeguarding China's potash fertilizer supply. After the completion of the two projects, potash fertilizer is mainly sold to China and Southeast Asia. ICBC has signed a financial agreement with China International Trust and Investment Corporation in Astana, Kazakhstan to ensure the smooth progress of investment projects.

In March this year, Uzbekistan also started the 200,000-ton Dekhkanabad potash upgrade project. After the project is completed, the total production capacity will reach 600,000 tons.