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.
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Latest sustainable and specialty fertilizers news
Browse the latest market moving news on the global sustainable and specialty fertilizers markets
India’s IPL secures over 1.3mn t of DAP in tender
India’s IPL secures over 1.3mn t of DAP in tender
London, 12 May (Argus) — Indian fertilizer importer and producer IPL has issued letters of intent securing 1.315mn t of DAP at $930-935/t cfr in a tender that closed on 7 May. Suppliers are to deliver 550,000t of DAP to India's east coast and 765,000t to the west coast. The delivery schedule is not yet available, but IPL had specified shipment from loading ports by 15 August in the tender. The quantity secured is above the 1.2mn t that IPL had sought in the tender. It received offers for 2.325mn t of DAP before asking all suppliers to match the lowest offers submitted at $935/t cfr east coast and $930/t cfr west coast India. The suppliers for the east coast are as follows: Indagro: 40,000t from the US Ameropa: 15,000t from South Korea Samsung: 50,000t, open origin Sun International: 40,000t from the US Maaden: 60,000t from Saudi Arabia Hexagon: 50,000t, open origin Fertistream: 50,000t from Russia Agricommodities: 245,000t, open origin The suppliers for the west coast are as follows: Indagro: 30,000t from Egypt Ameropa: 50,000t from Morocco Agrifields: 45,000t from Jordan VB Venture: 40,000t from Saudi Arabia Sun International: 40,000t from the US Maaden: 110,000t from Saudi Arabia Quest Group: 50,000t from Russia Agricommodities: 190,000t from Saudi Arabia Oasis: 150,000t from Russia Midgulf International: 60,000t, open origin Agricommodities had initially accepted IPL's counterbid prices for up to 600,000t of DAP from Saudi Arabia . But Argus understands that IPL wanted Agricommodities to load all of its cargoes from Red Sea ports, rather than from Ras al-Khair in the Mideast Gulf. IPL had also sought 400,000t of TSP in the tender. Argus understands that IPL has countered Moroccan producer OCP at $710/t cfr for TSP. Talks with OCP for DAP and TSP are reportedly ongoing. By Tom Hampson Send comments and request more information at feedback@argusmedia.com Copyright © 2026. Argus Media group . All rights reserved.
Brazil's Itaqui port cargo handling falls in April
Brazil's Itaqui port cargo handling falls in April
Sao Paulo, 11 May (Argus) — Cargo handling in Brazil's Itaqui port, in northeastern Maranhao state, fell for the third consecutive month in April due to lower soybean and liquid bulk volumes. Itaqui handled 2.9mn metric tonnes (t) of cargo in April, a near 12pc drop from 3.3mn t handled in the same month in 2025, according to the port authority. The port handled 9.2pc less soybeans in April than a year prior, with exports totaling 1.8mn t, down from 2mn t in the same month in 2025. The port did not export corn in April, in line with a year earlier. Fertilizer imports reached almost 299,500t in the month, slightly less than the 299,970t in April 2025. Handling of liquid bulk — which includes ethanol, gasoline, diesel and other products — fell by around 24pc to 553,220t from a year earlier. Jan-Apr handling drops Itaqui handled less cargo in the first four months of 2026 than in the same period in 2025, driven by lower soybean exports. Despite the record-high volumes in January , consecutive drops in cargo handling in February , as well as in March and April, resulted in a lower accumulated volume. The port handled 10.1mn t in January-April, down by 0.5pc from the same period in 2025. Soybean exports fell by almost 5pc to 4.4mn t from the same period last year. The port handled 1.2mn t of fertilizers, up by 8.3pc from the 1.1mn t in January-April 2025. Corn shipments increased by 3.8pc to 315,585t in the same period. By Sofia Zizza Send comments and request more information at feedback@argusmedia.com Copyright © 2026. Argus Media group . All rights reserved.
Iran says its response to US 'reasonable, generous'
Iran says its response to US 'reasonable, generous'
Dubai, 11 May (Argus) — Iran's foreign ministry said on Monday that Tehran's response to the latest US proposal to end the war was "reasonable" and "generous," pushing back against US president Donald Trump's characterisation of it as "totally unacceptable." "Is our proposal for safe passage through the strait of Hormuz excessive? Is an important issue like re-establishing security and peace in the region, an irresponsible demand?" foreign ministry spokesman Esmail Baghaei asked, rhetorically. "All we proposed were reasonable and responsible demands, and generous proposals, not only for Iran's national interests, but also for the good, stability and security of the region and the world," he said. Trump overnight labelled the Iranian position as "totally unacceptable," dashing hopes of an imminent conclusion to the conflict. Crude futures rose sharply in early trading today, with the front-month July Ice Brent contract hitting an intraday peak of $105.99/bl before coming off to trade just below $104/bl. Trump last week said a peace deal under discussion with Iran would reopen the strait of Hormuz to navigation and lift the US blockade on Iranian trade. Baghaei today said the US' conditions continue to be "one-sided… and unreasonable". The US has been highlighting the reopening of the strait of Hormuz, and a shuttering of Iran's nuclear capabilities, as its top conditions to bring the war to an end. Washington is looking for Iran to put an end to its nuclear enrichment activities, and to hand over its stocks of around 400kg of highly-enriched uranium. But Iran's priorities to end the war lie elsewhere, which has been complicating the diplomatic track. "At this stage, our focus is on what is urgent," Baghaei said. "And what is urgent is ending the war in all its forms, including Lebanon and ensuring the safety and security of navigation through the [Mideast] Gulf and the strait of Hormuz… which includes stopping the illegal actions of the US against commercial ships." "What decisions we make on the nuclear issue, on Iran's [highly enriched] materials and on issues related to enrichment activities is something we will discuss when the time is right," Baghaei said. By Nader Itayim Send comments and request more information at feedback@argusmedia.com Copyright © 2026. Argus Media group . All rights reserved.
Second Saudi phosphates cargo transits Hormuz
Second Saudi phosphates cargo transits Hormuz
London, 11 May (Argus) — The Mdl Toofan , which loaded 55,000t of MAP at Ras Al-Khair in late April, crossed the strait of Hormuz on 9-10 May, according to vessel tracking data from Kpler. The MAP is scheduled to arrive at Rio Grande, Brazil, on 5 June. This is the second phosphates cargo to cross the strait since the start of the US-Iran war at the end of February. Eight other vessels carrying phosphates loaded at Ras Al-Khair remain in the Gulf. By Adrien Seewald Send comments and request more information at feedback@argusmedia.com Copyright © 2026. Argus Media group . All rights reserved.
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