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Puede cancelar su suscripción a estas actualizaciones en cualquier momento. Argus gestiona la información personal de acuerdo con nuestra Política de privacidad.Indian fertilizer importer and producer Fact has issued a tender to buy up to 12,000t of phosphoric acid, closing on 18 February.
Fact is seeking phosphoric acid containing 46-53pc P2O5 for laycan during 20 March-10 April and shipment to Kochi on India's southwest coast.
Offers are to be valid for seven days after opening and will include 30 days' credit. Offers will be given as a premium or discount to the first-quarter phosphoric acid contract price of $1,055/t P2O5 cfr India.
London, 27 March (Argus) — State-owned QatarEnergy Marketing has raised its April Qatar Sulphur Price (QSP) to $275/t fob, up steeply from March's $202/t fob Ras Laffan/Mesaieed. Last month's increase was already unusually large, rising by a substantial $30/t from February, despite being less than half of the latest on-month increment, but the spot market has moved up at an accelerated pace in recent weeks. The April QSP implies a delivered price to China of $295-301/t cfr at current freight rates. This was last assessed on 20 March at $20-21/t to south China and $24-26/t to Chinese river ports for a 30,000-35,000t shipment. By Maria Mosquera Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.
Sao Paulo, 26 March (Argus) — Brazil's former right-wing president Jair Bolsonaro will face trial on charges of an attempted coup following his 2022 electoral defeat, the supreme court (STF) ruled today. In February Brazil's prosecutor-general charged Bolsonaro and seven other people — which include some of his former ministers — of plotting to guarantee that the former president stayed in power despite losing the election to current President Luiz Inacio Lula da Silva. The plot included the 8 January 2023 storming of government buildings in the capital of Brasilia and plans to kill his political opponents , the prosecutor-general said. STF's five-judge panel voted unanimously to put Bolsonaro on trial, with top judge Alexandre Moraes saying that the 8 January insurrection was a result of "systematic efforts" by Bolsonaro and his aides to discredit the election he lost. If convicted, Bolsonaro could face up to 40 years in jail. He is charged with five crimes, including leading an armed criminal organization, attempted coup and threatening to harm "the Union's assets." Although it is not clear when court proceedings will begin, they are expected this year, which is unusually fast for Brazil's justice system. "They are in a hurry, big hurry," Bolsonaro said of the legal proceedings on social media platform X, adding that the case is moving "10 times faster" than Lula's proceeding when he was on trial for the anti-corruption Car Wash investigation. Lula was eventually found guilty of money laundering and corruption and jailed in April 2018, but was later acquitted and freed in November 2019. Bolsonaro also added that the trial is politically motivated. "The court is trying to prevent me from being tried in 2026, because they want to stop me from running in the elections," he added. Brazil will hold presidential elections in October 2026. The electoral court voted in June 2023 to make Bolsonaro ineligible to run for any public office until 2030. But he is still seen as a major political force in the country. It is unclear who will serve as Bolsonaro's successor for more conservative voters, although Sao Paulo state's governor Tarcisio de Freitas has emerged as the most likely candidate. Bolsonaro — who sat in the president's seat from 2019-2022 — also faces several other legal challenges to his conduct as president, including allegations of money laundering, criminal association and embezzlement for allegedly receiving jewelry as gifts from Saudi Arabia related to the sale of state-controlled Petrobras' 330,000 b/d Landulpho Alves refinery in northeastern Bahia state to the UAE's Mubadala Capital. But none of these allegations have moved forward in the judiciary. During his administration, Bolsonaro privatized several state-owned energy assets and put little priority on environmental protections, policies that Lula has since reversed. By Lucas Parolin Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.
London, 26 March (Argus) — Indian fertilizer producer and importer Coromandel and Jordanian phosphates producer JPMC have agreed a second-quarter phosphoric acid price of $1,153/t P2O5 cfr India with 30 days of credit. The price is up by $98/t P2O5 from the first-quarter price of $1,055/t P2O5 cfr India. The price rise is driven by firming sentiment for DAP import prices in India — because of tight global supply and persistent demand — as well as rising sulphur costs and lower ammonia prices. By Tom Hampson Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.
London, 26 March (Argus) — Indian fertilizer producer and importer NFL has issued a tender to buy two 50,000t cargoes of DAP, closing on 11 April. NFL wants both cargoes to be shipped by 15 May, one to India's east coast and the other to India's west coast. Offers are to be valid until 18 April and offers for at least 25,000t will be considered. NFL will accept shipment to any port on either coast but would prefer Kakinada, Paradeep or Krishnapatnam on the east coast, and Mundra, Pipavav or Tuna on the west coast. Indian DAP prices have held in the mid-high $630s/t cfr since mid-February, but the latest reported offers are higher. By Tom Hampson Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.
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