Profercy’s latest market forecasts for nitrogen and phosphates markets were published this week. This blog entry provides a brief insight into some of the issues considered. For a free trial of the Profercy Nitrogen Service or the Profercy Phosphates & NPKs Service, please provide your details here. Nitrogen: Cereal prices front of mind for buyers in…
Our latest analysis points to volatile price action from now to Q4 2014 in global phosphate fertilizer markets. While a strong uptrend was witnessed in the northern hemisphere in Q1, a fall in demand and greater output in Q2 is expected to see a change in global market fortunes. However, the trade balance for Q3 paints…
Morocco: During an industry conference this week in Morocco, OCP has showcased its progress towards adding four new 1 million tpa DAP, MAP, NP/NPK units – and the common infrastructure to support them – at Jorf Lasfar. The photo below shows construction progress to early 2014 on Unit 1, which is due for commissioning in…
After one of the longest Q1 phosacid negotiations in recent memory, current quarter pricing between Morocco’s OCP and its Indian import partners has been agreed with the latest figure up 12% on the Q4 level. While negotiations were underway, global DAP prices rose by 20%. The latest deal indicates that India has thin confidence in…