#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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UREA 46%
Min Quantity: 500 Mt
Monthly Quantity: 5000 Mt
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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:
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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:
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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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Global urea price increase:
Checking the price of urea on the first day of September this year in all key regions shows that the price of urea increased between 50 and 138 USD per ton. The biggest price increase was in the American Gulf, Romania, the Persian Gulf and Southeast Asia. Urea price ranges from 540 USD in China to 900 dollars in Egypt. The influx of European importers to buy urea from African countries, especially Egypt, has increased the price in these areas.
In China, 12,000 tons of peril urea will be sent to India in October in response to India's next tender. It is expected that China will be able to supply 100 to 150 thousand tons of urea needed by India in the next tender. China has exported 874,895 tons of urea in the months of January to July this year, which shows a decrease of 67% compared to the country's 2.7 million exports in the same period last year. In July, China's urea exports reached 150,694 tons, which is 30% less than the 242,194 tons of exports in July 2021.🔴 W.P.O (Weekly Petro Offer) 🔴
Checking the price of urea on the first day of September this year in all key regions shows that the price of urea increased between 50 and 138 USD per ton. The biggest price increase was in the American Gulf, Romania, the Persian Gulf and Southeast Asia. Urea price ranges from 540 USD in China to 900 dollars in Egypt. The influx of European importers to buy urea from African countries, especially Egypt, has increased the price in these areas.
In China, 12,000 tons of peril urea will be sent to India in October in response to India's next tender. It is expected that China will be able to supply 100 to 150 thousand tons of urea needed by India in the next tender. China has exported 874,895 tons of urea in the months of January to July this year, which shows a decrease of 67% compared to the country's 2.7 million exports in the same period last year. In July, China's urea exports reached 150,694 tons, which is 30% less than the 242,194 tons of exports in July 2021.🔴 W.P.O (Weekly Petro Offer) 🔴
#Urea
Anwil Company announced that it is necessary to restart its chemical fertilizer production line due to food safety. This conversation was just one week after the announcement of the closure of the production unit of this company with a capacity of 965 thousand tons per year, which was announced by the state company PKN of Poland for an indefinite period and due to the high price of gas. The restart of this unit is due to helping the government in providing food. Simultaneously with the closure of this unit, another production unit was also closed due to the high price of gas in Poland. It is unlikely that European fertilizer production units will reach their previous production levels in the near future2021.
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Anwil Company announced that it is necessary to restart its chemical fertilizer production line due to food safety. This conversation was just one week after the announcement of the closure of the production unit of this company with a capacity of 965 thousand tons per year, which was announced by the state company PKN of Poland for an indefinite period and due to the high price of gas. The restart of this unit is due to helping the government in providing food. Simultaneously with the closure of this unit, another production unit was also closed due to the high price of gas in Poland. It is unlikely that European fertilizer production units will reach their previous production levels in the near future2021.
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#Urea
Checking the price of urea on the first day of September this year in all key regions shows that the price of urea increased between 50 and 138 dollars per ton. The biggest price increase was in the American Gulf, Romania, the Persian Gulf and Southeast Asia. Urea price ranges from 540 dollars in China to 900 dollars in Egypt. The influx of European importers to buy urea from African countries, especially Egypt, has increased the price in these areas.
For more detail to purchasing the UREA 46% By good price and condition, please contact us:
Tel: +90 2128235092
Mob: +90 5352243137
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Email: metin.h@Expertaf.co
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Checking the price of urea on the first day of September this year in all key regions shows that the price of urea increased between 50 and 138 dollars per ton. The biggest price increase was in the American Gulf, Romania, the Persian Gulf and Southeast Asia. Urea price ranges from 540 dollars in China to 900 dollars in Egypt. The influx of European importers to buy urea from African countries, especially Egypt, has increased the price in these areas.
For more detail to purchasing the UREA 46% By good price and condition, please contact us:
Tel: +90 2128235092
Mob: +90 5352243137
Whatsapp: +905342643137
Email: metin.h@Expertaf.co
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#Urea
ARGUS Journal , UREA, 09 Sep,22 👆
UREA 46% By good price and condition, please contact us:
Tel: +90 2128235092
Mob: +90 5352243137
Whatsapp: +905342643137
Email: metin.h@Expertaf.co
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ARGUS Journal , UREA, 09 Sep,22 👆
UREA 46% By good price and condition, please contact us:
Tel: +90 2128235092
Mob: +90 5352243137
Whatsapp: +905342643137
Email: metin.h@Expertaf.co
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#Urea
The comparison of prices in Egypt, the Persian Gulf, and China in September shows that during August, the price of urea increased in all three regions and continued in September, and now the price of urea in Egypt is about 870 dollars per per ton is higher than the price of Persian Gulf urea at around $700 per ton and Chinese urea at around $560 per ton. Throughout this year and last year, the price of urea in Egypt has been higher than the price in the Persian Gulf and China, but at some times, such as in the first months of this year, the price of urea in all three regions has been equal, and at the same time, it has experienced sharp reductions. After Russia's attack on Ukraine, it has also faced severe fluctuations.
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The comparison of prices in Egypt, the Persian Gulf, and China in September shows that during August, the price of urea increased in all three regions and continued in September, and now the price of urea in Egypt is about 870 dollars per per ton is higher than the price of Persian Gulf urea at around $700 per ton and Chinese urea at around $560 per ton. Throughout this year and last year, the price of urea in Egypt has been higher than the price in the Persian Gulf and China, but at some times, such as in the first months of this year, the price of urea in all three regions has been equal, and at the same time, it has experienced sharp reductions. After Russia's attack on Ukraine, it has also faced severe fluctuations.
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#Urea
Middle East,
• Oman
According to the report of the oil and gas analysis team, in the transactions of urea in the Middle East and Oman, the last transaction was reported for 40,000 tons of urea granules at a price of $700 per ton and based on the FOB term for delivery in October.
• Emirates
Fertiglobe Company has prepared shipments for the next Indian tender.
• Saudi Arabia, Bahrain, Qatar
In Saudi Arabia, Bahrain and other producers will prepare at least one shipment for India's tender, but it is not clear that their price will be equal to the price of the shipments that are exported to China and Russia.
• Iran
Iran's urea prices have increased compared to before and reached $590 per ton based on the FOB delivery term.
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Middle East,
• Oman
According to the report of the oil and gas analysis team, in the transactions of urea in the Middle East and Oman, the last transaction was reported for 40,000 tons of urea granules at a price of $700 per ton and based on the FOB term for delivery in October.
• Emirates
Fertiglobe Company has prepared shipments for the next Indian tender.
• Saudi Arabia, Bahrain, Qatar
In Saudi Arabia, Bahrain and other producers will prepare at least one shipment for India's tender, but it is not clear that their price will be equal to the price of the shipments that are exported to China and Russia.
• Iran
Iran's urea prices have increased compared to before and reached $590 per ton based on the FOB delivery term.
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#Urea
The future perspective of urea shows that urea buyers will consider the opportunity and buy when the prices decrease. Gas prices are still high in Europe and logistics and transportation issues for imports to Europe remain. Demand from Brazil does not appear to be picking up again as expected.
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The future perspective of urea shows that urea buyers will consider the opportunity and buy when the prices decrease. Gas prices are still high in Europe and logistics and transportation issues for imports to Europe remain. Demand from Brazil does not appear to be picking up again as expected.
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#Urea
In the countries of the Black Sea region, the last transaction was related to the Socar Azar Baijan company, which sold 5,000 tons of urea for shipment in September. The selling price of this shipment was between 720 and 730 dollars per ton. In Ukraine, due to the fact that most of the urea production plants were closed, there was no movement in the market. Ostchem's Cherkassy urea production unit was supposed to restart in the second half of September, although most of this unit will be dedicated to the production of urea ammonium nitrate.
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In the countries of the Black Sea region, the last transaction was related to the Socar Azar Baijan company, which sold 5,000 tons of urea for shipment in September. The selling price of this shipment was between 720 and 730 dollars per ton. In Ukraine, due to the fact that most of the urea production plants were closed, there was no movement in the market. Ostchem's Cherkassy urea production unit was supposed to restart in the second half of September, although most of this unit will be dedicated to the production of urea ammonium nitrate.
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#Urea
In Europe, granulated urea supply in the week ending September 8 was between €930 and €950 based on the FCA delivery term, although there was little willingness to buy. The price of gas is still at its highest level and 20 to 30 euros per million BTU is higher than the level that production units can start their production. About 70% of the urea production capacity in Europe is still closed. Compared to the previous month, urea production has decreased by 300,000 tons, which means the import of more than 25 ships of urea from now until December of this year.
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In Europe, granulated urea supply in the week ending September 8 was between €930 and €950 based on the FCA delivery term, although there was little willingness to buy. The price of gas is still at its highest level and 20 to 30 euros per million BTU is higher than the level that production units can start their production. About 70% of the urea production capacity in Europe is still closed. Compared to the previous month, urea production has decreased by 300,000 tons, which means the import of more than 25 ships of urea from now until December of this year.
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#Urea
The European urea market is in a fragmented condition with high and different prices, and it is approximately 200-250 dollars per ton more expensive than other markets. On September 9, the prices in Europe and other parts of the world were as follows:
• Northwest Europe $900 to $935 per ton (CFR)
• India $650 per ton (CFR)
• Brazil 680 to 750 dollars per ton (CFR)
American Gulf $689 to $755 per tonne (CFR)
Southeast Asia $635 to $695 per ton (CFR)
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The European urea market is in a fragmented condition with high and different prices, and it is approximately 200-250 dollars per ton more expensive than other markets. On September 9, the prices in Europe and other parts of the world were as follows:
• Northwest Europe $900 to $935 per ton (CFR)
• India $650 per ton (CFR)
• Brazil 680 to 750 dollars per ton (CFR)
American Gulf $689 to $755 per tonne (CFR)
Southeast Asia $635 to $695 per ton (CFR)
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#Urea
In India, in 2022, the process of urea production has changed compared to previous years, and the production ceiling reached two and a half million tons in August because all the production factories were producing at maximum capacity. With this calculation, in 2022-2023, the total production of India will reach 28 and 29 million tons, and in this situation, India will need 6 to 7 million tons of urea for import, and this is while the amount of India's import in the last two years It was between 9 and 10 million tons, which shows that the increase in domestic production has been able to reduce the amount of imports to some extent. Based on the long-term contract with the Kingdom of Oman, India supplies one million tons of urea from this country every year. This year, India has bought more than 2 million tons of urea
Therefore, the amount of urea required by India will be three and a half million tons by the end of this year.
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In India, in 2022, the process of urea production has changed compared to previous years, and the production ceiling reached two and a half million tons in August because all the production factories were producing at maximum capacity. With this calculation, in 2022-2023, the total production of India will reach 28 and 29 million tons, and in this situation, India will need 6 to 7 million tons of urea for import, and this is while the amount of India's import in the last two years It was between 9 and 10 million tons, which shows that the increase in domestic production has been able to reduce the amount of imports to some extent. Based on the long-term contract with the Kingdom of Oman, India supplies one million tons of urea from this country every year. This year, India has bought more than 2 million tons of urea
Therefore, the amount of urea required by India will be three and a half million tons by the end of this year.
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