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Tunisian DAP exports flat in April, TSP up

  • Spanish Market: Fertilizers
  • 14/05/20

Tunisian shipments of DAP were flat last month on March levels, and TSP exports picked up from zero in February and March, latest provisional data show.

DAP exports from Tunisian producer Groupe Chimique Tunisien (GCT) totalled 21,000t last month, in line with March exports and shipments in the month a year ago.

Cumulative DAP shipments were 147,000t in January-April, up by three quarters on a year earlier, with GCT driving sales into Europe, following solid exports in January and February.

And May shipments will be higher, with GCT lining up shipments of 10,000t of DAP under tender commitments to Turkey, and a 40,000t DAP cargo is set to load later this month for Pakistan.

TSP shipments returned in April, following a lack of shipments in February and March, hitting 26,000t last month. This likely reflects GCT's combination cargo of TSP and SSP for Brazil. At least one other cargo will likely be reflected in May data, similarly for Brazil.

Phosphoric acid shipments slipped to 36,000t in April, down from 65,000t in March, reflecting the uncertainty following the Covid-19 fallout and the reduced phosphates production in India.

Indian phosphates producers, which source phosphoric acid as a raw material for DAP output, slowed or took off line plants as the government's countrywide lockdown took hold at the end of March. This reduced demand resulted in a cancelled phosphoric acid cargo from Tunisian producer Tifert for its Indian partners. But overall phosphoric acid shipments were up to 227,000t in January-April, marking a rise of 40pc on a year earlier.

Raw materials demand slips in April, but 2020 still strong

Tunisian imports of sulphur and ammonia fell in April from March, but overall receipts are still up on last year's levels.

Sulphur deliveries slipped to 73,000t in April from 97,000t in the month prior. Total sulphur imports in January-April were 359,000t, up by a third on a year earlier, likely reflecting the strong rise of DAP and phosphoric acid exports.

Imports of ammonia, another key feedstock for DAP production, dropped to 11,000t in April, from 23,000t the month before. But overall receipts were up to 73,000t, marking a rise of 14pc on 2019.

Tunisian phosphates exports since 2018

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22/11/24

Bangladesh issues new phosphate tenders

Bangladesh issues new phosphate tenders

London, 22 November (Argus) — Bangladesh's ministry of agriculture has issued a new private-sector tender to buy DAP and TSP, closing on 27 November. The ministry did not specify the total quantities sought but specified that each private importer can offer a maximum of 30,000t of TSP and 40,000t of DAP in the tender. The cargoes offered under the tender are to be shipped by 30 December, and nominated importers must issue letters of credit within seven working days of receiving the work order. The ministry closed a private-sector tender to buy DAP and TSP on 18 November and has probably awarded at least 40,000t of Moroccan DAP at $678.40/t cfr in the tender. It had received offers for 120,000t of DAP at prices ranging from $678.40-711.00/t cfr and 113,000t of TSP at prices ranging from $561.90-585.00/t cfr. BCIC seeks 10,000t of phosphoric acid in tender Bangladeshi state-owned importer BCIC has issued a fresh tender to buy 10,000t of phosphoric acid containing 52-54pc P2O5, closing on 8 January. It wants the cargo to be shipped within 30 days of issuing the letter of credit for delivery to Chattogram. Trading firm Sun International submitted the only offer in BCIC's 20 November tender for 20,000t of the same grade of acid. It offered South African or Chinese acid at $620.87/t cfr (equivalent to $1,150-1,194/t P2O5 cfr), or $530.87/t fob. In its 18 November tender to buy 10,000t of 52-54pc P2O5 acid, BCIC received offers of $1,163-1,213/t P2O5 cfr equivalent. By Tom Hampson Send comments and request more information at feedback@argusmedia.com Copyright © 2024. Argus Media group . All rights reserved.

Indian NP/NPK stocks drop to below 3mn t


21/11/24
21/11/24

Indian NP/NPK stocks drop to below 3mn t

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.

Elevated nitrate levels found in Iowa water: EPA


20/11/24
20/11/24

Elevated nitrate levels found in Iowa water: EPA

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.

Cameroon's CNPC-C issues NPK tender to buy


20/11/24
20/11/24

Cameroon's CNPC-C issues NPK tender to buy

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.

Major amsul producers increase pricing for 1Q


19/11/24
19/11/24

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.

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