Overview

The global market for compound NPKs is one of the most important and dynamic markets in the fertilizer sector. Greater agricultural sophistication is bringing an increasing variety of grades to the market. Producers are also striving to move from commodity grades, such as 15-15-15, to more specific formulations (often tailored to specific customer needs) to increase nutrient-use efficiency and capture market share.

The impact of the Russia-Ukraine conflict has also seen major shifts in trade flows, given Russia’s significant compound-NPK capacity, and Russian-origin product has long been seen as a benchmark for high-quality NPKs.

Argus has decades of experience covering the NPKs market. We incorporate our multi-commodity market expertise in key areas including nitrogen, phosphates, potash and sulphur to provide the full market narrative.

Argus support market participants with:

  • Argus NPKs: Weekly NPKs price assessments, proprietary data and market commentary
  • Argus NPK Analytics: Medium to long-term analysis and outlook, including proprietary data
  • Bespoke NPKs consulting project support

Latest NPKs news

Browse the latest market moving news on the global NPKs industry.

Latest NPKs news
25/10/21

Pupuk Indonesia raises subsidised fertilizer stocks

Pupuk Indonesia raises subsidised fertilizer stocks

Singapore, 21 October (Argus) — State-owned fertilizer producer Pupuk Indonesia has prepared around 1.2mn t of subsidised fertilizer stocks for the October-March planting season for registered domestic farmers as of 20 October, the company said. This volume is nearly three times higher than the minimum subsidised fertilizer requirement set by the government. The national stock volumes of subsidised fertilizers consist of 510,300t of urea, 610,600t of NPK fertilizers, 14,300t of special formula NPK fertilizers for cocoa crops, 8,800t of ammonium sulphate and 56,700t of Pupuk's Petroganik organic fertilizers. These fertilizer stocks are already in producer warehouses and buffer warehouses in districts throughout Indonesia. Pupuk Indonesia has also prepared around 480,400t of non-subsidised fertilizer stock for local farmers that are unable to procure subsidised fertilizers. Total volumes of non-subsidised products are at 412,400t of urea, 27,400t of NPK fertilizers and 40,700t of ammonium sulphate. Pupuk Indonesia has set a highest retail price (HET) for the sale of subsidised fertilizers in 50kg bags. The HET for urea fertilizers is set at 2,250 rupiah/kg ($136/t), while for NPK Phonska fertilizers it is at 2,300 rupiah/kg ($139/t). For NPK fertilizers for cocoa it is at 3,300 rupiah/kg ($199/t), and for organic fertilizers it is at 800 rupiah/kg ($48/t). But these subsidised fertilizer products are only applicable for farmers planting rice, corn, soybeans, cassava, chilli, shallots, garlic, sugarcane, cocoa, and coffee with a maximum land area of two hectares per planting season. Farmers are also required to be members of a farmer group and registered in the electronic definitive group needs plan (e-RDKK). By Dinise Chng Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.

Latest NPKs news

Indian NPK 15-15-15 cfr price rises by up to $4/t


25/10/06
Latest NPKs news
25/10/06

Indian NPK 15-15-15 cfr price rises by up to $4/t

London, 6 October (Argus) — Indian fertilizer importer Fact has bought 50,000t of NPK 15-15-15 from trading firm Chasemax under Fact's tender closed on 22 September. Argus understands the awarded price is around $440 cfr. The importer had received one offer each from Chasemax for 50,000t and from Latvian producer NPK Expert, which offered 30,000t. Fact has awarded the tender to Chasemax for two-port discharge at Mangalore and Tuticorin. The tender requested shipment to depart the loading port by 15 November at the latest. Chasemax has exported 382,226t of NPKs to India so far this year, all loading from the Russian port of Ust-Luga in the Baltics, Argus tracking data shows. Of this total, all shipments were of 16-16-16, save for a 30,000t shipment of 15-15-15. Argus understands the awarded price is around $440 cfr, but there is no buy or sell side confirmation. India's last known deal for 15-15-15 took place in mid-August when Saudi Arabia's Sabic sold around 25,000t of the grade at around $436-437/t cfr to state-owned fertilizer importer NFL. The cargo onboard the Beetle arrived at Kakinada on 10 September, Argus tracking data shows. By Elena Mataro Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.

Latest NPKs news

India’s RCF opens two NPS offers in tender


25/09/10
Latest NPKs news
25/09/10

India’s RCF opens two NPS offers in tender

London, 10 September (Argus) — Indian fertilizer importer RCF has opened two offers received in its tender closing today to buy up to 40,000t of NPS 20-20-0+13S, one each from trading firms Midgulf International and Hexagon. Midgulf International submitted an offer at $463.50/t cfr with 60 days' credit. The product is understood to be of open origin and would incur a 5pc duty. The firm's offer is below the one it submitted for the same grade in a tender, now scrapped, from Indian importer NFL understood to be about $469/t cfr . Hexagon offered a duty-free shipment of the grade at $485.19/t cfr. Offers must be valid until 15 September. RCF is looking to buy 40,000t of white, off-white, brown or dark brown colour 20-20-0+13S, as well as 40,000t of pink/natural colour NPK 15-15-15, but no offers were submitted for the requested NPK grade. Minimum shipments of 25,000t are acceptable. The tender requested shipment by 30 September to India's east coast. By Elena Mataro Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.

Latest NPKs news

Тамань готовится к перевалке удобрений


25/08/20
Latest NPKs news
25/08/20

Тамань готовится к перевалке удобрений

Moscow, 20 August (Argus) — Первая партия минеральных удобрений отправлена в адрес терминала компании ОТЭКО (Тамань, Краснодарский край), сообщили в компании. Для формирования первой судовой партии на сеть железных дорог будет отгружено более 50 тыс. т нитроаммофоски. Транспортировка до порта Тамань осуществляется в хопперах-минераловозах, первые вагоны уже прибыли на терминал. Планируется, что накопление первой судовой партии будет реализовано на путях необщего пользования терминала. Выгрузка удобрений в порту временно будет проводиться на одной из технологических линий нового перегрузочного комплекса минеральных удобрений с использованием системы ленточных конвейеров. Перевалка на судно ожидается в начале сентября. Продукт, поступающий на терминал, далее отправится, предположительно, во Вьетнам, сообщил отраслевой источник. Начало перевалки удобрений на Таманском терминале навалочных грузов станет одним из ключевых проектов ОТЭКО в 2025 г., отметил директор по логистике и управлению коммерческой цепочкой поставок компании Юрий Саввин. Российские железные дороги фиксируют общий рост погрузки минеральных удобрений на сети. Этот груз едет в приоритете, поэтому мы рассчитываем на регулярные и оперативные поставки. Работа с этим продуктом позволит нам развивать взаимодействие с различными грузоотправителями внутри страны, а также значительно расширить рынки сбыта и усилить южный экспортный коридор по этим перспективным для экономики страны номенклатурам, — отметил Саввин. До 2025 г. терминал ОТЭКО специализировался на перевалке угля и серы. В этом году стивидор взял курс на диверсификацию, приступив в конце июля к перевалке железорудного сырья. Константин Мозговой Артем Куприянов ___________________ Больше ценовой информации и аналитических материалов о рынке транспортировки навалочных, генеральных грузов и контейнеров — в ежемесячном отчете Argus Логистика сухих грузов . Подписаться на аналитический дайджест Вы можете присылать комментарии по адресу или запросить дополнительную информацию feedback@argusmedia.com Copyright © 2025. Группа Argus Media . Все права защищены.

Latest NPKs news

Indian NPK/NP stocks fall by 681,000t in July: FAI


25/08/19
Latest NPKs news
25/08/19

Indian NPK/NP stocks fall by 681,000t in July: FAI

London, 19 August (Argus) — India's stocks of NP and NPK fertilizers fell by nearly 681,000t in July, latest Fertilizer Association of India (FAI) data show. India produced almost 1.08mn t of NPK and NP complex fertilizers in July, a 9pc rise over the same month last year. Imports fell by nearly 20pc year-on-year to 315,000t in July. Sales were 2.07mn to in July, a 18pc increase compared to July 2024. Meanwhile, cumulative stock draw/build — defined at production plus imports minus sales — stood at negative 680,800t, marking a second consecutive monthly fall after stocks fell by over 400,000t in the month of June . This brings cumulative production to 3.74mn t in the first four months of the fertilizer year, which runs from April to July, while cumulative imports stood at 1.27mn t, and sales for the fertilizer year to date totalled 5mn t. By Elena Mataro Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.

Region and country focused market intelligence

Argus publish region and country specific price reporting services that cover all major fertilizer commodities