Yara lifts calcium ammonium nitrate offers to NW Europe

Spanish Market: Fertilizers
09/12/24

Norwegian fertilizer major Yara has announced its latest price for calcium ammonium nitrate (CAN) for January delivery to German and Benelux markets, higher by €12/t from offers for December delivery.

Yara has upped its CAN 27 offer to €317/t cif Germany and Benelux for January delivery, from €305/t cif for December.

The upward revision follows firmer European natural gas prices, and an according increase in ammonia production costs, in recent months. Argus' day-ahead assessment of gas at the TTF closed at just over $14.2/mn Btu on 6 December, up from around $12/mn Btu at the start of September.

Argus assessed spot prices for CAN 27 in Germany at €295-300/t cif inland on 5 December, with slower activity last week and limited buyer interest at prices above €300/t.

By Harry Minihan

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22/01/25

India’s RCF gets offers for phosrock, NPS in tender

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Brazil Potash, Keytrade sign potash offtake deal

16/01/25

Brazil Potash, Keytrade sign potash offtake deal

London, 16 January (Argus) — Brazilian fertilizer company Potassio do Brasil, a wholly owned subsidiary of Canada-based Brazil Potash, has signed a memorandum of understanding with Swiss trading firm Keytrade to supply up to 1mn t/yr of potash from its Potassio Autazes project in Amazonas. Potassio do Brasil already has an existing offtake agreement with Brazilian agricultural firm Amaggi for about 500,000 t/yr. The Potassio Autazes project has a planned capacity of 2.4mn t/yr and began construction in September. It is expected to start operating in 2029. Potash from this project will be destined for the domestic market. Brazil currently imports about 96pc of its potash needs. By Julia Campbell Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.

Узбекистан начал поставлять карбамид в Бразилию

16/01/25

Узбекистан начал поставлять карбамид в Бразилию

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India's domestic urea sales remain strong in 1H January

16/01/25

India's domestic urea sales remain strong in 1H January

Amsterdam, 16 January (Argus) — Indian urea sales likely hit 2.3mn-2.4mn t in the first half of this month, with domestic offtake remaining strong after record-high sales in December 2024. Sales to end-users were over 2.3mn t in the first half of January, latest provisional data show, indicating offtake for the month may exceed 4.5mn t. Urea sales were 3.54mn t in January 2024. Production is on track to reach around 2.5mn t this month, while urea inventories have slipped to around 5.5mn t as of 16 January, the data show. Stocks started the year at around 6.1mn t. International urea prices have surged in recent weeks, eclipsing levels in 2024, largely driven up by sustained import demand from India because of its strong domestic appetite. Sales likely hit a fresh record-high for an individual month at 5.2mn t in December . Market participants are keenly awaiting the results from Indian importer and supplier RCF's urea purchase tender, which closes on 23 January . By Harry Minihan Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.

Nutrient affordability remains weak into 2025

13/01/25

Nutrient affordability remains weak into 2025

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