At present, the global phosphate fertilizer market is still under pressure. China has stabilized diammonium FOB between US$335-340. At present, this price will not affect traders’ supply to India.
In the Western Hemisphere, the United States is under pressure from Tampa, and only a batch of 5,000 tons of phosphate fertilizer is sold to China and the United States. The FOB price is US$350. The activity of the Brazilian market is still subject to the supply situation of Morocco and Morocco. At present, the price of mono-ammonium is relatively low. The CIF price is between 348 and 358 US dollars, and the Argentine market is trading at around 350 US dollars.
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