Sustainable and specialty fertilizers
Overview
The importance of sustainable and specialty fertilizer markets has grown as producers diversify their product ranges and end users seek more efficient fertilizer compositions. These developments have been further impacted by the drive towards sustainability, which has accelerated interest in these markets.
Argus market experts have many years of experience in these sectors, incorporating price reporting, cost calculations, fundamentals analysis and forecasting.
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Latest sustainable and specialty fertilizers news
Browse the latest market moving news on the global sustainable and specialty fertilizers markets
Major amsul producers increase pricing for 1Q
Major amsul producers increase pricing for 1Q
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.
IPL forecasts higher Phosphate Hill output in FY25
IPL forecasts higher Phosphate Hill output in FY25
Sydney, 19 November (Argus) — Australian chemicals and fertilizer producer Incitec Pivot (IPL) has forecasted higher output from its Phosphate Hill mine over the next financial year in its annual report. IPL forecasts there will be 790,000-860,000t of DAP/MAP output from its Phosphate Hill site located in northeast Queensland, Australia, up from 739,500t of output in FY24 . IPL plans to conduct repairs and other work to increase site reliability over the next financial year. Owing to these planned outages, production at Phosphate Hill is expected to be lower in the first half of the financial year, with 40-45pc of total volumes expected during that time. IPL highlighted that Phosphate Hill's production is vulnerable to circumstances outside its control, such as equipment breakdowns, energy or water disruptions and severe weather events. IPL also mentioned its reliance on Glencore's nearby Mount Isa Mines copper smelter staying open. Sulphuric acid is a by-product of copper smelting. Should the smelter close, sulphuric acid supply in the region would fall and with it being a major raw material required to produce DAP/MAP, Phosphate Hill would be negatively impacted. This could also impact phosphate production at Agriflex's Ardmore phosphate project in Queensland. Glencore recently announced it expects the operation of the smelter to continue to 2030 pending capital approvals. IPL is continuing to work on alternative sources to mitigate the loss of sulphuric acid supply in case of Glencore's potential closure or reduced production. The annual report also said IPL continues to use a mix of gas supply sources, including gas supplied under a contract with Power and Water Corporation (PWC), and top-up gas from Northern Territory and east coast suppliers. The diversity of gas supply ensured Phosphate Hill production was not affected by the reduction of contracted gas supply from PWC. A further update on Phosphate Hill supply will be made mid-2025 and a "strategic review" of the site is expected to be completed no later than September 2025. By Tom Woodlock Send comments and request more information at feedback@argusmedia.com Copyright © 2024. Argus Media group . All rights reserved.
Bangladesh’s BCIC receives offers in phosacid tender
Bangladesh’s BCIC receives offers in phosacid tender
London, 18 November (Argus) — State-owned Bangladeshi fertilizer importer and producer BCIC received offers ranging from $1,163-1,213/t P2O5 cfr equivalent in its tender to buy 10,000t of merchant grade phosphoric acid, which closed today. Trading firm Gentrade FZE made the lowest offer, for Moroccan phosphoric acid, at $628.10/t cfr, or $532.10/t fob. Guangxi Pengyue Eco-Technology — a subsidiary of China's Guizhou Chanhen Chemical — offered at $629.91/t cfr, or $542.91/t fob. And trading firm Sun International offered South African acid at $631/t cfr, or $538/t fob. BCIC is likely to have received no offers in its 29 October tender to buy 10,000t of the same grade of phosphoric acid. By Tom Hampson Send comments and request more information at feedback@argusmedia.com Copyright © 2024. Argus Media group . All rights reserved.
India's urea sales regain momentum in November
India's urea sales regain momentum in November
Amsterdam, 18 November (Argus) — India's domestic urea sales are on track to hit around 3.4mn t this month, rising from 3.2mn t a year earlier, with offtake set to be a key determinant of the timing of the country's next import tender. Urea offtake has been running at the equivalent of 3.4mn t in November, up by 200,000t on the year, provisional data show. Production is set to be around 2.6mn t, down from 2.76mn t a year ago. The trend of increasing urea sales so far this month marks a reversal from October, when sales are likely to have totalled 2.32mn t, down from 2.37mn t a year earlier, provisional data show. Output had been similarly down in October on the year, with urea production at 2.58mn t, dipping from 2.85mn t a year earlier. Urea sales typically peak in November-January in the winter Rabi season and Indian authorities will be closely following domestic consumption for the timing of the next urea import tender. Importer IPL last week secured 1.03mn t of urea in its 11 November purchase tender, the sixth this year. By Harry Minihan India's urea sales 2024-25 vs 2023-24 Send comments and request more information at feedback@argusmedia.com Copyright © 2024. Argus Media group . All rights reserved.
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