India ended 28 March IPL3 the first time this year, urea tender, procurement of 50 million tons of urea, while the amount of bid of 100 million tons. The tender of the international urea market became active. Days last week, especially in the small granular urea fell to $ 320 fob below the low end at $ 318 FOB. However, the market appeared in support of $ 318, NF has sold about 10 million tons of urea shipment in April. March shipments of urea, especially days 41.5 million tons, which means that there will not be carried forward to the April sale of goods, the current OPZ stocks as low as 1.8 million tons. Especially in the first half of day in April is expected to be relatively stable prices. Contract market, business-to-no interest in the second quarter of basic goods, but there are signs that the third quarter of $ 312 FOB price level to obtain support. NF company sold FOB $ 318 shipped 50,000 tons in April of small granular urea. Jin Jian fob 320 ~ $ 321 purchase of 1 million tons. NF said a similar price to the traders sold 2.5 million tons. April, NF 2.5 million tons will be shipped to Brazil, the price to be determined. Last week, traders purchased in April 5000 to 1 million tons of urea shipment of Salavat, especially FOB $ 312 days. Other traders on April intention of goods fob 310 ~ $ 315, part of the business in India before the tender small transactions. India will soon begin in the tender, especially with Iran, days of cheap urea urea bidding. But the market generally little miracle. Beckham company shipped 20,000 tons by the end of March will be small particles of urea to Vietnam. NF from April 1 to start selling Cherkassy plant of urea and other fertilizers. April, NF company plans to ship to their country of about 4 tons of urea. It was reported that the Ukrainian market price of urea in bulk FOB $ 355 combined. Since early 2011, NF 31 shipped to the domestic market, tons of urea, the price rose higher than the same period in 2010, and 2010, Ukraine's domestic supply of 40 million tons. Ukraine's energy minister, said Russia's natural gas prices from 2011 first quarter increased to $ 264 per thousand cubic meters in the second quarter $ 293, the third quarter rose to $ 313, the fourth quarter of $ 347. This price, OPZ the gas prices will rise, other companies are not affected.
        In the Baltic region, ice still hamper transport, forcing suppliers to the Russian FOB sales price of 300 dollars less urea. Small granular urea slowing demand in Europe, the Baltic suppliers more dependent on the Latin American market. Recent deals in Brazil and Central America offshore net 310 dollars. Into April, when the port began to return to normal freight rates also began to loosen after the manufacturer's net price should be increased. St. Petersburg, icing conditions in Hong Kong is estimated half of April will not be eased. In the Middle East, no new deal reached last week, we are concerned about the upcoming large-scale Indian tender. This may be in the Middle East offers the best chance of urea, sales in April and May the first half of the urea stock. Potential market in Asia is very quiet, and urea in Latin America, Russia and Egypt will be very fierce competition in the market. India may bid on a CIF price range 345 ~ 355 dollars, which means that the Arab Gulf FOB price to ~ $ 330 down to 325, so that only the competitiveness of the Middle East urea.
        Egypt, a larger volume of urea in the past three weeks, the manufacturer has accepted April $ 335 FOB, the price level than the January low $ 90 price peak, down 21% compared with the peak months, the fall speed perspective from which are very fast. However, Egypt's four producers of goods for sale there in April and could face in the next few weeks, the risk of lower prices. Due to unfavorable weather conditions and the concentration of urea to Hong Kong, U.S. market prices continue to fall. Port of New Orleans granular urea FOB barge transactions per short ton from $ 340 two weeks ago, dropped to 325 to 330 dollars. At this level, Egypt urea to reach $ 325 FOB, the Middle East urea to reach 320 U.S. dollars. (Ping smoke)