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June international urea to maintain Vaughan
Source:Chinese fertilizer   Time:2012-04-27   Read:1478second  

 Last week the international market of nitrogen fertilizer prices continue to rise, small particles of urea FOB, Black Sea and the Baltic in May rose to $ 515. Rally to benefit from the urea, ammonium sulfate and nitrate prices also hit a new high this year. 

May urea supply of small particles than larger particles tension, Brazil is a high-volume buyers, traders have begun to be sold to the Brazilian supply in May, while concerned about the potential demand from India, India is expected to soon issued a urea tender. Pakistan TCP urea tender has been issued, the end of May 21, which means that the bid of urea shipment in June, a total of 300,000 tons, the purchases can support the urea market strength in June. 
Granular urea prices began to be leveled with the small particles. Immediately after the end of the shipment of the United States and Europe, it is expected to be $ 600 or higher FOB prices will cease to exist. Egypt and Arab sources, the future price is not determined, and very few transactions, exports to Brazil urea fob 520 to $ 530. The high price of urea spread in the U.S. market, FOB Port of New Orleans in April 690 to $ 695 per short ton, traded in the first half of May barges urea per short ton FOB in the 605 ~ 610 U.S. dollars, half price there are quite a big discount, fell 527 to $ 535. 
Although the size of granular urea prices have come down, the future supply of the urea market overall tension will support small granular urea prices rise further in May. Buyers tried to ammonium nitrate instead of urea, in order to obtain relatively cheap nitrogen fertilizers. The black sea Zhou Dacheng sum of ammonium sulfate transactions in the latter part of June, FOB prices rose to $ 275. Coincidentally, this is considerable, and the second half of April 2008 prices, the year before the collapse of the international market price of fertilizer, ammonium sulfate prices on the basis of $ 275 up $ 100. 
Producer prices rose and then decreased 
In the Black Sea area, the AFT late last week to $ 515 FOB sold to traders from 10,000 to 15,000 tons shipped in May granular urea. Subsequently the company's offer rose to $ 530. Another two Ukrainian producers to reduce monthly production, did not reach the other transactions reported. OPZ's inventory of about 34,000 tons. 
Small granular urea prices in the Baltic Sea, consistent with Youzhny on Zhou Dacheng FOB prices for the goods in May rose to $ 515. Russia's three major producers of urea before the end of May for sale limited production. The number of traders in the hands of urea for the 25,000 to 50,000 tons, FOB sale to Brazil and West Africa, has risen to $ 490. 
Egypt has begun to negotiate sales of 5 per month, but the situation is not optimistic about the manufacturers, buyers bid up to $ 600 before the United States and Europe, traders are demanding more urea price cuts destined for Latin America. Exported to Italy in early May, prices may still rise, but according to a recent $ 565 CIF for the Brazilian market speculation, the Egyptian granular urea May the overall price down to 520 ~ $ 530. 
In the Middle East, Oman SIUCI May granular urea FOB at around $ 580, traders, is too high. There are traders planned shipment of 30,000 tons of granular urea to the United States and Australia. Iran sold to the granular urea, Africa and Latin America in May, the alleged price increases. Iran in March this year, sold a total of 267,000 tons of urea, 207,000 tons the same period last year; 1 March, the export volume was 733,000 tons, a slight decrease from 749,000 tons in the same period last year. The first quarter of last year, Iran's export volume of urea 86% shipped to India, this year is 62%, Mexico is the second largest importer of urea. There are rumors that the Iranian manufacturers to supply the domestic market, the capacity to export, but this is probably only applicable to one or two manufacturers, other manufacturers continue to export 5 per month. 
Demand for the country demand 
India will be a re-tendering the IPL before the tender offer 500,000 tons so far have not yet arrived there, the next tender is expected to reach 100 million tons, to compensate for the lack of the last. Ministry of Agriculture, Sri Lanka, April 23, the end of the 60,000 tons of urea tender, delivery of the second half of June to July. Thai market granular urea prices are rising, but still below the international market. The buyers are trying to buy bags of urea from the existing inventory of the importer, rather than purchasing futures. Chia Tai Group to offer to the equivalent of CIF 490 to $ 500. Other importers to suspend the supply of urea. Granular urea fob re-exported from the Vietnamese market has risen to close to $ 500. 
South Korea in the first quarter of this year imported 257,000 tons of urea, a record number of more than double the same period in 2011. March imports 8.8 million tons, while last year 62,000 tons. 
Fertilizer season approaching, the Philippines, the buyer inquiry, the small granular urea intention CIF price of about $ 500. 
 
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