“UREA” FOB of the Persian Gulf:
“539 USD ~ 750 USD “
▫️ European natural gas prices, which reached a record $100 per MMBtu, were very expensive for European nitrogen fertilizer producers this week. A large number of factories were closed in recent days and more are on the way.
▫️ Global urea producers will benefit from the reduction of European ammonia and nitrate production, with their production from North Africa, the Middle East and even Indonesia.
▫️ Global market activity for Di-ammonium phosphate was mild, but in India sales were brisk as buyers made use of limited demand elsewhere.
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“539 USD ~ 750 USD “
▫️ European natural gas prices, which reached a record $100 per MMBtu, were very expensive for European nitrogen fertilizer producers this week. A large number of factories were closed in recent days and more are on the way.
▫️ Global urea producers will benefit from the reduction of European ammonia and nitrate production, with their production from North Africa, the Middle East and even Indonesia.
▫️ Global market activity for Di-ammonium phosphate was mild, but in India sales were brisk as buyers made use of limited demand elsewhere.
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Review of the global market of urea and chemical fertilizers
Stopping urea production in Europe due to repairs and lack of economic efficiency
The European fertilizer industry will be somewhat out of production next month as fertilizer prices have not been able to keep pace with gas prices, and as a result fertilizer producers will suffer huge losses.
Transportation problems and unwillingness of buyers to buy chemical fertilizers
Based on the analysis of the current problems of importers of chemical fertilizers, in order to compensate and supply the lack of production in Europe due to the severe problems of water transportation and the lowering of the river level, and this is while the farmers and buyers of chemical fertilizers and products related to After 5 to 6 months away from agricultural work, they show a great desire to buy fertilizer to use in their agricultural lands.
Price variation in the Black Sea
In the analysis of the urea industry, the prices of urea granules this week also had a wide range because the issues of embargo and transportation problems, as well as the marketing policies of the companies, have caused the prices to differ to a large extent due to the origin of different constructions.
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Stopping urea production in Europe due to repairs and lack of economic efficiency
The European fertilizer industry will be somewhat out of production next month as fertilizer prices have not been able to keep pace with gas prices, and as a result fertilizer producers will suffer huge losses.
Transportation problems and unwillingness of buyers to buy chemical fertilizers
Based on the analysis of the current problems of importers of chemical fertilizers, in order to compensate and supply the lack of production in Europe due to the severe problems of water transportation and the lowering of the river level, and this is while the farmers and buyers of chemical fertilizers and products related to After 5 to 6 months away from agricultural work, they show a great desire to buy fertilizer to use in their agricultural lands.
Price variation in the Black Sea
In the analysis of the urea industry, the prices of urea granules this week also had a wide range because the issues of embargo and transportation problems, as well as the marketing policies of the companies, have caused the prices to differ to a large extent due to the origin of different constructions.
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Petrochemical Products Weekly Offer.pdf
652.9 KB
Weekly Available Products List
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Polymers Price List, (29 Aug.2022 Current week List).pdf
471 KB
Polymers Price List, (29 Aug.2022 Current week List)
For more details, please call us
Tel: +90 2128235092
Mob: +90 5352243137
Whatsapp: +905342643137
Email: metin.h@Expertaf.co
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For more details, please call us
Tel: +90 2128235092
Mob: +90 5352243137
Whatsapp: +905342643137
Email: metin.h@Expertaf.co
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#Fertilizer
The European fertilizer industry will be somewhat out of production next month as fertilizer prices have not been able to keep pace with gas prices, and as a result fertilizer producers will suffer huge losses.
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The European fertilizer industry will be somewhat out of production next month as fertilizer prices have not been able to keep pace with gas prices, and as a result fertilizer producers will suffer huge losses.
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Urea 46% by FOB and CFR terms,
For more details, please call us
Tel: +90 2128235092
Mob: +90 5352243137
Whatsapp: +905342643137
Email: metin.h@Expertaf.co
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For more details, please call us
Tel: +90 2128235092
Mob: +90 5352243137
Whatsapp: +905342643137
Email: metin.h@Expertaf.co
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Daily Global Polyolefins Report Monday August 29, 2022.pdf
1.3 MB
Daily Global Polyolefin Report Monday August 29, 2022
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Weekly Report - 29th August 2022.pdf
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Weekly Report Global, August 29, 2022
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#UREA Market
The prices of urea granules this week also had a wide range because the embargo issues and transportation problems as well as the marketing policies of the companies have caused the prices to differ to a large extent due to the origin of different constructions. For example, the price of Russian exports to Turkey is known as the lowest price in the Black Sea region, and the price of urea exported from Uzbekistan to Europe is known as the highest urea price in the Black Sea region.
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The prices of urea granules this week also had a wide range because the embargo issues and transportation problems as well as the marketing policies of the companies have caused the prices to differ to a large extent due to the origin of different constructions. For example, the price of Russian exports to Turkey is known as the lowest price in the Black Sea region, and the price of urea exported from Uzbekistan to Europe is known as the highest urea price in the Black Sea region.
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#Latest news of global urea deals
One of the urea traders sold 5,000 tons of urea granules from Turkmenistan at a price above $590 per ton based on the FOB Poti delivery term for shipment in September to Romania at the beginning of this week. But after this transaction, the price offers for Turkmenistan urea granules increased and reached 630 to 644 dollars at the end of the week. Azerbaijan "SOCAR" company tendered its bid to sell 30 thousand MT of urea granules for shipment in September from Poti port in Georgia on the 26 September ends and the deadline for receiving financial offers expires on this day.
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One of the urea traders sold 5,000 tons of urea granules from Turkmenistan at a price above $590 per ton based on the FOB Poti delivery term for shipment in September to Romania at the beginning of this week. But after this transaction, the price offers for Turkmenistan urea granules increased and reached 630 to 644 dollars at the end of the week. Azerbaijan "SOCAR" company tendered its bid to sell 30 thousand MT of urea granules for shipment in September from Poti port in Georgia on the 26 September ends and the deadline for receiving financial offers expires on this day.
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#Latest news of global urea deals
• Poland
"Grupa Azoti refinery" closed its urea unit this week because it was not economically feasible due to the increase in the price of natural gas. The closure of this production unit will result in a decrease in supply equal to one and a half million tons per year, which will lead to an increase in the amount of imports.
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• Poland
"Grupa Azoti refinery" closed its urea unit this week because it was not economically feasible due to the increase in the price of natural gas. The closure of this production unit will result in a decrease in supply equal to one and a half million tons per year, which will lead to an increase in the amount of imports.
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#Latest news of global urea deals
• United Kingdom
One of the urea traders sold a shipment in several parts to urea buyers at the amount of $830 per ton at the beginning of the week, but the price gradually increased to about $880 per ton at the end of the week as CFR delivery.
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• United Kingdom
One of the urea traders sold a shipment in several parts to urea buyers at the amount of $830 per ton at the beginning of the week, but the price gradually increased to about $880 per ton at the end of the week as CFR delivery.
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#Latest news of global urea deals
Comparing the price of European imported urea from Egypt and urea produced in the European Union, taking into account all costs from August last year until now, shows that as long as the price of gas did not increase much, the costs were somewhat lower than the import price, but with The increase in production costs in the last few months, the cost of producing one ton of urea is much higher than the cost of buying it from Egypt.
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Comparing the price of European imported urea from Egypt and urea produced in the European Union, taking into account all costs from August last year until now, shows that as long as the price of gas did not increase much, the costs were somewhat lower than the import price, but with The increase in production costs in the last few months, the cost of producing one ton of urea is much higher than the cost of buying it from Egypt.
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EXPERTAF Group New Offer
UREA 46%
Min Quantity: 500 Mt
Monthly Quantity: 5000 Mt
Delivery Terms: CPT Turkey
Packing (1) : Big bag 1000 Mt
Packing (2) : 50 Kg Bags
Delivery Time: 10 days
Price: W.B.I
Payment Terms: W.B.I
For More Details, Please contact us:
Tel: +90 2128235092
Mob: +90 5352243137
Whatsapp: +905342643137
Email: metin.h@Expertaf.co
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UREA 46%
Min Quantity: 500 Mt
Monthly Quantity: 5000 Mt
Delivery Terms: CPT Turkey
Packing (1) : Big bag 1000 Mt
Packing (2) : 50 Kg Bags
Delivery Time: 10 days
Price: W.B.I
Payment Terms: W.B.I
For More Details, Please contact us:
Tel: +90 2128235092
Mob: +90 5352243137
Whatsapp: +905342643137
Email: metin.h@Expertaf.co
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#Urea
Buyers in some European markets, especially countries such as Poland, France and England, have made a move to buy urea granules this week. 50,000 tons of urea granules were traded in France, as well as 50,000 tons in Poland, and traders sold about 20,000 tons of urea granules to England.
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Buyers in some European markets, especially countries such as Poland, France and England, have made a move to buy urea granules this week. 50,000 tons of urea granules were traded in France, as well as 50,000 tons in Poland, and traders sold about 20,000 tons of urea granules to England.
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#Methanol
Methanol prices for spot sales stabilized in Asia's largest countries, China and India, as there is cautious optimism that demand will increase in September, as China is at its peak in terms of manufacturing and production. With the end of the monsoon season, the demand will increase.
For more detail to purchasing the METHANOL, please contact us:
Tel: +90 2128235092
Mob: +90 5352243137
Whatsapp: +905342643137
Email: metin.h@Expertaf.co
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Methanol prices for spot sales stabilized in Asia's largest countries, China and India, as there is cautious optimism that demand will increase in September, as China is at its peak in terms of manufacturing and production. With the end of the monsoon season, the demand will increase.
For more detail to purchasing the METHANOL, please contact us:
Tel: +90 2128235092
Mob: +90 5352243137
Whatsapp: +905342643137
Email: metin.h@Expertaf.co
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#Urea
RCF India has held a tender to import one million tons of urea peril or granules, which will end on September 9. The shipping time will be up to October 21. After the end of the monsoons, the demand situation in India has improved. The lack of gas supply from Russia has also affected the operation of the production units, the supply of urea has decreased, and as a result, the demand has improved. Due to the high cost of gas in Europe and the high import of Europe from all regions of the world, global prices have increased and this increase has occurred in India.
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RCF India has held a tender to import one million tons of urea peril or granules, which will end on September 9. The shipping time will be up to October 21. After the end of the monsoons, the demand situation in India has improved. The lack of gas supply from Russia has also affected the operation of the production units, the supply of urea has decreased, and as a result, the demand has improved. Due to the high cost of gas in Europe and the high import of Europe from all regions of the world, global prices have increased and this increase has occurred in India.
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#Urea
In Turkey, in the last week of August, no new urea products were released to the market, and the old prices were around 565 dollars per ton for imports from Turkmenistan and 595 dollars per ton for imports from Uzbekistan. Turkey's urea import increased for the first time in July this year and reached 287,456 tons, which shows an increase of 142% compared to July last year. Turkey's urea import in July 2021 was much less and amounted to 119,013 tons. This increase in imports was due to the decrease in the price of urea from Russia and Iran and the increase in imports from Turkey at cheaper prices. From January to July of this year, the import of urea to Turkey was around 1.3 million tons, which shows a decrease of 17% compared to the same period last year, when the import was 1.6 tons. There has also been a big jump in gas prices in Turkey for the month of September, but this price increase has not yet had an impact on the production of ammonia and nitrates.
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In Turkey, in the last week of August, no new urea products were released to the market, and the old prices were around 565 dollars per ton for imports from Turkmenistan and 595 dollars per ton for imports from Uzbekistan. Turkey's urea import increased for the first time in July this year and reached 287,456 tons, which shows an increase of 142% compared to July last year. Turkey's urea import in July 2021 was much less and amounted to 119,013 tons. This increase in imports was due to the decrease in the price of urea from Russia and Iran and the increase in imports from Turkey at cheaper prices. From January to July of this year, the import of urea to Turkey was around 1.3 million tons, which shows a decrease of 17% compared to the same period last year, when the import was 1.6 tons. There has also been a big jump in gas prices in Turkey for the month of September, but this price increase has not yet had an impact on the production of ammonia and nitrates.
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#Urea
Oman :
The last Urea deal made in Oman was for 40,000 MT of granular urea at $700 per ton for shipping in October based on FOB Oman delivery terms. Last week, prices around $750 per ton were also heard based on the same delivery term.
Saudi Arabia
The desire to buy in this country is based on the price of 700 dollars per ton based on the fob term.
UAE, Bahrain, Qatar
Manufacturers in these three countries have prepared at least one shipment for the next Indian tender. The Muntajat Company managed to sell two shipments in the previous Indian tender and is now ready to supply the urea needed by India for the months of September and October.
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Oman :
The last Urea deal made in Oman was for 40,000 MT of granular urea at $700 per ton for shipping in October based on FOB Oman delivery terms. Last week, prices around $750 per ton were also heard based on the same delivery term.
Saudi Arabia
The desire to buy in this country is based on the price of 700 dollars per ton based on the fob term.
UAE, Bahrain, Qatar
Manufacturers in these three countries have prepared at least one shipment for the next Indian tender. The Muntajat Company managed to sell two shipments in the previous Indian tender and is now ready to supply the urea needed by India for the months of September and October.
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#Urea
The amount of urea supplied by Egypt from the beginning of this year to the end of July shows that this country had the largest supply of urea to the market this year with the supply of 118,000 tons of urea granules and pearls in April. Egypt has sold 126 thousand tons of urea in February. The price of urea in April was 880 to 1130 dollars, which is the highest price compared to other months. The lowest price of urea in Egypt since the beginning of this year has been 600 dollars per ton.
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The amount of urea supplied by Egypt from the beginning of this year to the end of July shows that this country had the largest supply of urea to the market this year with the supply of 118,000 tons of urea granules and pearls in April. Egypt has sold 126 thousand tons of urea in February. The price of urea in April was 880 to 1130 dollars, which is the highest price compared to other months. The lowest price of urea in Egypt since the beginning of this year has been 600 dollars per ton.
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