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You can unsubscribe from these updates at any time. We manage your personal data in accordance with our privacy policy.Ammonia buyer CJ Indonesia has issued a tender requesting 6,000t for shipment to Gresik port in east Java.
The tender, which closes on 7 January, requests the ammonia be offered on a cfr price basis and valid for three days. The cargo is for 11- 13 February arrival.
Recent spot trading activity has led to a steep correction in Asian delivered prices. Mitsubishi sold two cargoes at $330/t cfr to China and Taiwan in the second half of December.
London, 21 November (Argus) — India's domestic sales of NP/NPK fertilizers have continued to outpace both production and imports, leaving stocks below 3mn t for the first time since February 2023. Domestic sales of NP/NPK under the country's direct benefit transfer system amounted to 1.47mn t in October, up by 45pc on a year earlier. Sales from April-October — the first seven months of India's 2024-25 agricultural year — totalled 8.72mn t, up by 23pc on the year. Domestic NP/NPK production rose by 15pc on the year to 867,900t last month, putting April-October output at about 6.25mn t, up by 11pc on the year. NP/NPK imports in October amounted to 183,000t, up by 51pc on October last year. April-October imports amounted to 1.28mn t, down by 10pc year on year. The data imply total NP/NPK stocks in India of about 2.93mn t at the end of October, down by 12pc on the month and down by 15pc on the year. By Nykole King Indian NP-NPK stockbuild mn t Send comments and request more information at feedback@argusmedia.com Copyright © 2024. Argus Media group . All rights reserved.
Houston, 20 November (Argus) — The Environmental Protection Agency (EPA) added seven Iowa water segments to its impaired US waters list, saying they are all polluted with nitrate, possibly stemming from nitrogen fertilizer runoff. The EPA added these seven water segments to the list of impaired waters on 12 November, determining each was laden with nitrate pollution. The EPA invoked water restoration plans in partnership with the Iowa Department of Natural Resources (DNR). This is in addition to the 712 water segments in Iowa that are already on the state's list of water segments that need a restoration plan under the Clean Water Act, according to the EPA. The largest contributor to nitrate pollution is manure and commercial fertilizer that runs off farm fields, according Pam Taylor, director of the Iowa Sierra Club Chapter. Nearly 85pc of land in Iowa is farmland, using nearly 149 lbs of nitrogen fertilizer per acre annually,the US Department of Agriculture said. The Iowa DNR initially submitted a list of water segments that need restoration attention on 9 May, which was only partially approved by the EPA. This triggered the agency to place these additional water segments on public notice until 12 December. Once that date has passed, the EPA can implement a restoration plan in partnership with the Iowa DNR. The Iowa Chapter of the Sierra Club is in support of the EPA's decision. It alleged that the DNR purposefully used an incorrect method to determine nitrate pollution, which may have enabled the DNR to excuse certain water segments from the list of impaired bodies. Separately, a letter was also sent to the EPA on 16 April by several Iowa agencies requesting the EPA apply its emergency powers to address nitrate groundwater contamination in northeastern Iowa. By Meghan Yoyotte Send comments and request more information at feedback@argusmedia.com Copyright © 2024. Argus Media group . All rights reserved.
London, 20 November (Argus) — The national confederation of cotton producers (CNPC-C) has issued a tender to purchase 32,000t of complex fertilizers, closing on 9 December. The CNPC-C requests 16,000t of 22-23-15+5S+1B and 16,000t of 15-20-15+5S+1B, both in 50kg bags, for delivery on an ex-works basis in Douala on or before 28 February. CNPC-C had opened offers against its 24 October tender to buy 45,000t of complex fertilizers and 12,000t of urea. But there were no valid offers for the 16,000t of 22-23-15+5S+1B it requested. It received five valid offers against its request for 29,000t of 14-23-14+5S+1B or 15-20-15+5S+1B, but is now seeking more competitive offers under the fresh tender. By Nykole King Send comments and request more information at feedback@argusmedia.com Copyright © 2024. Argus Media group . All rights reserved.
Houston, 19 November (Argus) — US ammonium sulfate producers Interoceanic Corporation (IOC) and AdvanSix have increased prices for first-quarter deliveries. IOC increased its first-quarter offers by $20-35/st at all distribution points except for its Houston plant , which will remain at $345/st fob. The low end of the range offered was $335/st fob at Nola, while the high end was $405/st rail delivered for Northern Plains. AdvanSix increased amsul prices by $25/st for all locations for first-quarter delivery. The Hopewell, Virginia, value rose to $355/st fob. Upper Mississippi River warehouses increased to $385/st fob, while Ohio River and Granite City, Illinois, prices increased to $380/st fob. Inland warehouses and rail quotes will maintain traditional premiums over river locations, AdvanSix said. Amsul values continue to rise into the winter pre-pay season because of short domestic supply, driven by high input costs inflating market values. By Meghan Yoyotte IOC's Ammonium Sulfate Prices for 1Q $/st Location Value Nola Barge $335/st FOB Houston $345/st St Louis and Delta Terminals $380/st Upper Mississippi River Terminals $385/st Illinois River Terminals $385/st Ohio River Terminals $380/st FOB Sioux City/Omaha/Casselton, ND $405/st Rail Delivered Northern Plains $405/st — IOC AdvanSix's Amsul prices for 1Q $/st Location Value FOB Hopewell, VA $355/st Upper Mississippi River $385/st Ohio River/Granite City, IL $380/st — AdvanSix Send comments and request more information at feedback@argusmedia.com Copyright © 2024. Argus Media group . All rights reserved.
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