Ukraine's recent move to ban imports of ammonia-based explosive substances at all ports on the heels of recent attacks on port infrastructure and vessels could reshape fertilizer flows.
*❤ Sulfur: Yesterday, the domestic port spot market continued its upward trend, with prices ranging 2,385-2,400 yuan/ton, representing a 25 yuan/ton increase from the previous trading day. A domestic refinery’s sales tender price was 2,273 yuan/ton, up 78 yuan/ton from the previous winning bid. After this news, afternoon trading activity in the port continued to shift upward. Domestic resources showed mainly weak downward movement, with Puguang Wanzhou prices stable at 2,350 yuan/ton, while other regions saw liquid and solid sulfur prices decline by 20-50 yuan/ton. Today’s spot market is expected to fluctuate slightly.
❤ Urea: Yesterday, domestic urea transactions were moderate, with downstream follow-up relatively slow. Some factories, lacking orders, lowered their quoted prices. Downstream buyers showed increased reluctance to buy on dips, creating a stronger wait-and-see atmosphere in the market. In the short term, prices are expected to remain weak but stable.
❤ Synthetic Ammonia: Yesterday, the synthetic ammonia market had limited positive factors and fluctuated within a narrow range. Current overall demand remains weak, with ammonia plants flexibly adjusting prices based on their inventory and shipment conditions. Market sentiment is cautious. Several companies are expected to resume operations after maintenance, with regional adjustments dominating the market.
❤ Ammonium Chloride: Yesterday, the ammonium chloride market remained largely stable. Although downstream compound fertilizer manufacturers restocked, volumes were limited. Most ammonium chloride companies are fulfilling previous orders with limited new orders. With some suspended facilities resuming production recently, supply remains relatively loose, so the ammonium chloride market is expected to continue its stable trend.
❤ Ammonium Sulfate: Yesterday, the ammonium sulfate market saw regional adjustments. With stable supply-demand relations but limited new orders from end users, market purchasing sentiment returned to rationality, with some high-priced sources showing signs of loosening. Short-term weakness is expected in the ammonium sulfate market.
❤ Melamine: Yesterday, domestic melamine market prices declined slightly in some regions. With current prices at low levels, companies have little willingness to adjust prices and may flexibly adjust based on their own market conditions. Market participants are mainly observing in the short term, with prices still showing weakness and under pressure.
❤ Phosphate Fertilizer: Yesterday, domestic monoammonium phosphate (MAP) market prices remained firm, with 55% powder ex-factory prices around 3,400 yuan/ton in Hubei region for negotiated transactions. Factories are still mostly suspending new orders, supply is tightening, downstream inquiries are increasing, and traders are optimistic. With continuous raw material price increases providing cost support and pending shipment support, the market trend remains firm and upward in the short term. Yesterday, the domestic diammonium phosphate (DAP) market maintained sideways consolidation, with companies keeping ex-factory prices stable. Hubei region 64% ex-factory prices remained at 3,800-3,850 yuan/ton, with actual orders subject to negotiation. Market wait-and-see sentiment continues to ferment, with downstream maintaining only small-scale restocking as needed. The market is expected to continue consolidating in the short term.
❤ Potash Fertilizer: Domestic potassium chloride market prices continue to maintain high levels, with some traders selling small amounts of their inventory mainly for cash flow. However, new order transactions are not active at high price levels. Potassium sulfate manufacturers face obvious sales pressure, with Mannheim potassium sulfate 52% powder ex-factory prices mostly at 3,900-4,100 yuan/ton, with transactions subject to individual negotiation.
❤ Compound Fertilizer: Yesterday, the domestic compound fertilizer market rose slightly within a narrow range, with increases of 30-80 yuan/ton. Currently greatly affected by rising costs, low-end market quotes continue to decrease. Reference prices: 45%S(315) mainstream ex-factory 2,880-3,000 yuan/ton, 45%CL(25:14:6) mainstream ex-factory 2,500-2,700 yuan/ton. However, dealers are still watching for trend sustainability and operating cautiously. New order transactions still need boosting, with compound fertilizers continuing their consolidation trend in the short term.
## *Current Global Fertilizer Market in Metric Tons
Bottom Line: The global fertilizer trading market represents approximately 190-200 million metric tons annually in 2024-2025, with growth projected to reach 262 million tons by 2034.
### Current Market Size (2024-2025)
– Global Consumption: 187.92 million tons in 2022 , increasing to 195.4 million metric tons in 2023/2024
– 2025 Market Volume: 199.19 million tons in 2025
– Trading Volume: 13.8 million tons of fertilizer exported globally (this appears to be partial data from one source)
### Growth Projections
– 2034 Forecast: 262.18 million tons by 2034
– Growth Rate: Approximately 3-4% CAGR across different segments
### Market Breakdown by Nutrient Type (2023/2024)
– Nitrogen: 111.6 million metric tons (57% of total)
– Phosphorus: Approximately 45 million metric tons (23%)
– Potassium: Approximately 35 million metric tons (18%)
### Regional Distribution (Volume)
– Asia-Pacific: 100.6 million tons in 2024, expected to reach 135.56 million tons by 2034 (52% of global market)
– China: 94.2 million tons consumption, with China and India consuming 44 and 29 million metric tons respectively in 2022
### Global Trade Flows
Export Market:
– Total Trade Value: US$83.9 billion worth of global fertilizer exports in 2024
– Import Market: US$90.6 billion in global fertilizer imports in 2024
Key Trading Volumes by Product:
– Urea: 4 million metric tons exported by China in first half 2024
– Potash: 76 million tons global production capacity by 2028
– Ammonia: 192 to 207 million tons global production capacity between 2023 and 2028
### Key Growth Drivers
1. Population Growth: Rising global population requiring increased food production
1. Regional Trade Imbalances: North America imports more than 85% of its potassium requirements
1. Precision Agriculture: Increasing adoption driving specialized fertilizer demand
1. Emerging Markets: Particularly strong growth in Latin America and South Asia expected to add 3 to 4 million tons of nutrients each between 2024 and 2028
Trading TAM Summary: The fertilizer trading market represents approximately 190-200 million metric tons annually* with significant regional trade flows, as many countries are net importers requiring substantial cross-border fertilizer movements to meet agricultural demands.
Apparently
– Continental
– Koch
Confirmed one cargo each
Q2 2025 saw maritime disruptions intensify amid ongoing geopolitical tensions. Vessel sanctions remained notably high, marking the second-highest quarter since 2022, with expanded targeting of sectors such as flag registries and financial services.
GPS jamming created widespread operational headaches, affecting over 13,000 vessels globally — particularly during the Iran conflict, which disrupted AIS signals and forced significant cargo rerouting. This turbulence notably impacted crude oil exports and contributed to mounting congestion at strategic ports like Singapore and Busan.
This report provides a detailed analysis of these critical trends, offering insights and actionable recommendations to help stakeholders better understand, anticipate, and respond to emerging maritime risks.
Vessel & Company Sanctions
Though slightly moderated, this trend observed in Q1 2025 persisted into Q2, reaching another record high in the number of sanctioned vessels since 2022 — encompassing both newly designated vessels and those already sanctioned by one regulator that have now been designated by additional regulators.
In Q2 2025, the pace of new designations and alignment designations of maritime companies noticeably slowed, returning to typical levels after peaking in the previous quarter.
While the overall number of sanctioned companies declined in Q2 2025, sanctions expanded into additional maritime sectors, including flag registries, financial services, and port operators.
60% of newly sanctioned companies were concentrated in just four countries:
UAE
Hong Kong
Marshall Islands
Panama
GPS Jamming
Over 13,000 vessels globally were affected by GPS jamming incidents in Q2 2025.
In Q2 2025, the average “jump” distance of vessels experiencing AIS jamming remained consistent with Q1 2025, at approximately 6,300 km.
Windward’s dedicated GPS jamming team and analytical models identified three emerging jamming hotspots in Q2 2025:
New areas! The Arabian Gulf and the Mediterranean Sea. From zero affected vessels in Q1, the numbers surged to over 4,300 and 1,000 vessels respectively in Q2.
Q2 2025 saw a sharp increase in jamming activity in the Baltic Sea, with over 2,000 vessels affected – a 500% surge compared to Q1.
Stretching from the Black Sea to the Gulf of Guinea, a jamming hub that first emerged in Q1 2025 continued to expand in Q2. Over 800 vessels were affected in the region — a 568% increase from the previous quarter.
Baltic Sea jamming patterns
Jamming patterns in the Baltic Sea during Q2 2025
Maritime Trends from the Iran Conflict
GPS Jamming
The Iran–Israel conflict triggered the emergence of a new and highly disruptive GPS jamming hub in the Arabian Gulf. Although the conflict was brief, its impact on maritime safety and security in the region was significant and far-reaching.
Between June 13–24, more than 12,000 GPS jamming incidents were recorded, impacting over 3,000 vessels worldwide.
This period saw a 153% spike in the daily number of jamming-affected vessels compared to the Q2 2025 monthly average.
Jamming over time
GPS Jamming in the Arabian Gulf during Q2 2025
AIS jamming in Q2 2025 triggered false signals near several sensitive terminals, including Asaluyeh, Bandar Abbas, and Dubai — raising operational and security concerns in these high-traffic areas.
On June 22, GPS jamming activity peaked, with over 1,700 vessels affected in a single day.
Unlike jamming disruptions in low-risk regions, the extensive interference near a high-risk regime like Iran had added consequences. It led to false port call signals in Iranian waters, complicating vessel screening processes and undermining due diligence efforts for stakeholders.
97% of jamming incidents in the Arabian Gulf “threw” vessels onto land, leading to a surge in false port calls in Iran and creating added challenges for compliance and due diligence.
Rapid identification and removal of these false events was critical during the conflict, helping maintain operational resiliency and continuity across affected regions.
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Divergence of Maritime Traffic
During the conflict period (June 13–24), reported port calls in Pakistan rose by 21% compared to the days preceding the conflict — likely reflecting vessel rerouting and shifting regional activity patterns.
Crude Oil Exports (In Collaboration with Vortexa)
June 2025 recorded the highest single-month crude oil export volume of the year, reaching 56.7 million BPD — a 315% increase over the monthly average for the rest of 2025.
This figure was approximately 7–10 million BPD higher than typical monthly volumes in 2025, marking a sharp and notable surge.
The spike in June exports was largely driven by the week of June 9–15, just before the onset of the Iran conflict. This pre-conflict window likely prompted a surge in loadings, as exporters moved to front-load shipments amid rising regional tensions.
The week of June 9–15 accounted for approximately 17.4 million BPD — around 28% of June’s total crude oil exports. This marked a clear outlier, significantly above the average weekly range of 11–13 million BPD.
Northeast Asia (NEA) stands out as the primary destination of crude oil exports during that week, with a total of ~9 million BPD – accounting for over 54% of the total exports for the week.
During the week of the Iran conflict (June 16–22), crude oil export volumes fell by roughly 24%, reflecting immediate disruptions to regional shipping activity.
Strategic Port Insights for Smarter Maritime Logistics
In Q2 2025, Singapore port saw a 65% rise in the monthly average of ‘TSP Changed’ exceptions and a 35% increase in ‘TSP Rollover’ exceptions compared to Q1, highlighting growing volatility in transshipment schedules.
Red Sea diversions prompted by ongoing Houthi attacks are driving vessel congestion and extended queues at alternative ports, straining regional logistics and increasing turnaround times.
According to Russell Group, ongoing congestion at Singapore, Port Klang, and Tanjung Pelepas has put an estimated $131 billion in trade at risk.
In Q2 2025, Busan port saw a 54% rise in the monthly average of ‘POL Late Departure’ exceptions and a dramatic 556% surge in ‘POL Rollover’ exceptions compared to Q1.
Busan experienced vessel bunching in early 2025, with average wait times reaching 1.5 days. This disruption cascaded into Q2, as berthing and handling schedules fell out of sync, compounding delays and operational inefficiencies.
Carrier network reshuffles and a wave of blank sailings across Q1–Q2 disrupted port calls and eroded schedule reliability — primarily driven by Red Sea-related volatility and shifting trade routes.
Security risks in the Red Sea triggered widespread rerouting via the Cape of Good Hope, placing additional strain on global schedules and overloading transshipment hubs such as Busan.
Delays in the redevelopment of Busan’s North Port constrained inland cargo flow and yard capacity, exacerbating congestion during Q2’s vessel surges.
New False Flag Registries
The use of fraudulent flags has surged as Western regulators step up enforcement and open registries increasingly deregister vessels tied to sanctioned trades — pushing bad actors to seek alternative, deceptive methods to maintain access to global waters.
Q2 2025 saw a sharp and staggering rise in the number of vessels registered under newly emerging false flag registries, marking a significant escalation compared to Q1.
Vessel registrations under false flags in the Netherlands Caribbean — covering Curaçao, St. Maarten, and Saint Barthélemy — rose by 98%
Guyana saw a 105% increase in false flag vessel registrations
Eswatini (formerly Swaziland) recorded a 260% surge in false flag vessel registrations
Q2 2025 also saw the emergence of entirely new flag registries — previously non-existent or inactive until now:
Benin
Malawi
Aruba
Maritime Critical Infrastructure Protection
In Q2 2025, drifting activities over strategic underwater cables and pipelines increased by 10% compared to Q1, signaling a continued upward trend in potentially high-risk maritime behavior.
The monthly average of drifting activities in Q2 2025 was 49% higher than the average recorded over the previous nine months.
The majority of drifting activities in Q2 2025 were carried out by vessels sailing under the flags of Panama, Liberia, and the Marshall Islands.
Dark & Gray Fleets
In Q2 2025, Saudi Arabia emerged as a new hotspot for Gray Fleet activity. Port calls by Gray Fleet vessels rose by 152% compared to Q1.
The Comoros flag continued its ascent in Q2 2025, emerging as one of the top three flags used by the Dark Fleet.
In Q2 2025, the number of Dark Fleet vessels operating under the Comoros flag surged by 103%.
Conversely, the Panama flag saw a decline in use among Gray Fleet vessels, with a 16% drop in Q2 2025 compared to the previous quarter.
This decline may reflect growing regulatory scrutiny of the Panama registry by global authorities, prompting Gray Fleet operators to seek less visible alternatives.
Risk Status & Cleared Risk
Cleared Risk
Risky port calls in the DPRK region surged by 234% in Q2 2025 compared to Q1, signaling a sharp rise in high-risk activity despite international restrictions.
In Q2 2025, 93% of vessels involved in sanctions-related dark activities were linked to either Iran or Russia, underscoring their dominant role in driving deceptive shipping practices.
Q2 2025: A Stress Test for Maritime Resilience
Q2 2025 revealed just how rapidly maritime risk landscapes can shift. From surging vessel sanctions and false flag activity to the disruptive effects of GPS jamming and port congestion – traditional monitoring methods are no longer sufficient.
As deceptive practices become more sophisticated and geopolitical shocks more frequent, organizations must adopt proactive, AI-driven maritime intelligence.
Those who rely on static watchlists or siloed data risk falling behind. The path forward is clear: only with real-time visibility, behavioral analytics, and dynamic risk models can stakeholders protect operations, meet compliance obligations, and respond decisively to global disruptions.
LONDON (ICIS)—In India, RCF’s purchase total touches 1.5 million tonnes of urea as acceptance deadline extended to tomorrow.
Morning. Thin activity on Int'l paper to start the week. Cautious optimism on Urea at Southwest conference, while DAP continues to step up. Mkts framed:
AG
Jul $460//$485
Aug $465//$490
Sep $450//$475
Q4 $390//$430
cfr Brazil
Jul $455//$475
Aug $465/$495
Sep $455//$475
Egypt
July $470//$490
Aug $480//$505
Sep $480//$505
Nola
Paper:
Jul $423//$430
Aug $430//$440
Sep $425//$440
Q4 $395//$420
Q1 $385//$415
UAN Nola
Jul $350//$375
Aug $250//$290
Sep $250//$290
Oct $250//$300
DAP Nola
Phys: Sept $750, $755 traded
Jul $720//$735
Sep $740//$760
Q3 $740//$755
Q4 $695//$715
Q1 $660//$680
MAP Brazil
Jul $750//$775
Aug $755//$780
Sep $745//$775
Chicago Board of Trade soybean futures closed slightly lower on Monday as solid U.S. crop conditions hung over the market, traders said.
Analysts, on average, expect the U.S. Department of Agriculture to rate 67% of the U.S. soy crop in good-to-excellent condition in a weekly report due at 3 p.m. CDT (2000 GMT), according to a Reuters poll. That would be up one percentage point from a week ago and a point below the same time last year.
On Tuesday, the National Oilseed Processors Association is expected to report the U.S. soybean crush in June dropped to a four-month low, analysts said in a poll. It would still be the largest June crush on record, following a recent expansion of U.S. soy processing capacity.
China's soybean imports hit the highest level ever for the month of June, a Reuters calculation of customs data showed, driven by a surge in shipments from top supplier Brazil.
New-crop CBOT November soybeans ended down 1/4 cent at $10.07 a bushel.
The most-active contract earlier fell to a three-month low at $9.98-1/4 a bushel, below the below the psychologically important level of $10, before paring losses.
CBOT August soymeal finished $2.60 lower at $267.70 per short ton, after notching a contract low at $267.10.
CBOT August soyoil closed up 0.42 cent to end at 54.17 cents per pound.
Fertilizer Industry Chain Morning Report 2025-7-15*
❤ Sulfur: Yesterday, the domestic port spot market continued its upward trend, with prices ranging from 2,360-2,365 yuan/ton, representing a 20 yuan/ton increase from the previous trading day. In terms of market trading, traders maintained high enthusiasm, and terminals also conducted in-market purchases. It was reported that spot transaction volumes exceeded 10,000 tons, with significantly active trading atmosphere driving market prices upward. Regarding domestic resources, liquid sulfur prices at Shandong refineries rose slightly, with some auction transactions around 2,230-2,240 yuan/ton. Overall, holders are reluctant to sell, waiting for guidance from today’s refinery sales tender results and routine domestic resource price adjustments.
❤ Urea: Recent domestic urea market has been operating weakly, gradually showing signs of loosening and declining. The market lacks strong positive support in the short term, so prices may need to decline. Combined with export shipments and sentiment effects, a staged minor market movement may emerge.
❤ Synthetic Ammonia: Yesterday’s synthetic ammonia market atmosphere varied, with regional adjustments predominating. Some regions saw price increases driven by maintenance or planned maintenance activities, while overall market demand remained weak, with reduced demand in some areas hindering shipments. Multiple regions expect maintenance recovery ahead, with synthetic ammonia market expected to remain deadlocked in the short term.
❤ Ammonium Chloride: Yesterday’s ammonium chloride market remained largely stable, with most enterprises mainly executing previous pending orders. Some manufacturers reduced order intake, showing strong intentions to support prices and explore increases. Downstream manufacturers’ acceptance was reasonable. With compound fertilizer enterprises’ capacity utilization slowly recovering, ammonium chloride just-in-time demand expectations improved, but short-term price increases still face resistance.
❤ Ammonium Sulfate: Yesterday’s ammonium sulfate market operated steadily. Although previous high international urea prices supported the ammonium sulfate market, terminal demand follow-through was average, with cautious purchasing sentiment. Ammonium sulfate market expected to remain stable and observant in the short term.
❤ Melamine: Yesterday’s domestic melamine market remained largely stable, with a few enterprises conducting covert price reductions. Current market supply-demand relationship is weak, downstream buyers lack purchasing enthusiasm, enterprises face shipping pressure. However, based on current proximity to cost lines, price reduction space is limited, with most maintaining firm positions. Without clear positive market guidance in the short term, the market may continue under pressure.
❤ Phosphate Fertilizer: Yesterday’s domestic monoammonium phosphate market saw increased inquiries and slight upward movement, with Hubei region 55% powder factory prices around 3,400 yuan/ton for negotiated transactions. Raw material sulfur prices continued rising, increasing cost pressure. Combined with sufficient pending orders providing support, MAP factories mostly suspended order intake, with relatively tight supply. Traders remained optimistic, with prices moving upward. Downstream operations are slowly improving, with advance receipts showing some recovery. Raw material just-in-time demand persists, and MAP prices may still have upward potential. Yesterday’s domestic diammonium phosphate market continued stable operation, with enterprises continuing to execute export orders. Factory prices showed no significant fluctuations, with Hubei region 64% factory prices maintained at 3,800-3,850 yuan/ton, with actual orders remaining negotiable. Overall market trading atmosphere remained subdued, with downstream maintaining only appropriate just-in-time restocking. Market maintains consolidation and observation deadlock in the short term.
❤ Potash Fertilizer: Yesterday’s domestic potash fertilizer market quotations continued rising, with limited saleable inventory among traders. Imported 62% white potash market prices mostly ranged 3,550-3,650 yuan/ton, with reluctance to sell remaining mainstream sentiment. Potassium sulfate manufacturers mostly adjusted prices following potassium chloride, but high-priced market transactions were limited.
❤ Compound Fertilizer*: Yesterday’s domestic compound fertilizer market saw tentative upward movement in some regions. Upstream raw materials overall performed firmly, providing undiminished support for market sentiment and costs. Enterprises showed strengthened price-supporting intentions, with reduced low-end quotations locally. Short-term compound fertilizer market expected to mainly move upward within narrow range, with focus on downstream acceptance, market sentiment changes, and major enterprises’ policy price adjustment details.
Gentlemen
Hope you are well.
Here are a few snippets from the global market.
NOP
China mainland
Fertilizer-grade NOP is now on offer at $755-760/t fob with industrial grade up to $810/t fob. Higher MOP prices are driving the market.
Russia
EuroChem’s NOP plant which suffered a drone strike on 14 June did not result in damage to the production unit. The plant was down for a week of clean up but is running more or less normally now.
12-61/tMAP
China
TMAP prices are softening with offers for export now at $965-970/t fob Sichuan with Hubei prices at $960/t fob.
Brazil
Around 5,000t of tMAP is reported to have traded at $1,090-1,110/t cfr. Strong demand is emerging as the market prepares for the upcoming soybean season. Argus most recently assessed the Brazilian tMAP price at $1,160-1,190/t cfr.
Water-soluble SOP
China mainland
Offers for water-soluble SOP are firmer at $635/t fob.
Brazil
Offers of Egyptian water-soluble SOP are reported at $645-660/t cfr.
Taiwan
There are reports that buyers have already paid above $640/t fob for water-soluble SOP for September shipment. Last offers were at $640/t fob for August shipment. Japan is proving to be a major outlet which is amenable to accepting higher prices. Some sales to Australia were also reported around this level for August loading.
Pakistan’s Barket delays start-up of new SOP unit again
Pakistani fertilizer producer Barket Fertilizer has delayed the commissioning of its fourth SOP line to end-August from July, which will bring its capacity to 50,000 t/yr when complete. The capacity will be a 50/50 split between granular and water-soluble SOP and the focus will be on the domestic market with no plans for exportation.
CN
China mainland
Offers still range $170-180/t fob.
Brazil
CN on offer from China in a wide range of $260-320/t cfr.
MKP
China mainland
MKP prices have risen again to $1,255/t fob due to a sharp hike in potassium hydroxide prices.
In the domestic market, prices are up to Yn7,300/t ex works for potassium hydroxide.
Other news
Turkey
Turkish water-soluble fertilizer producer Yildirim Kimya and European fertilizer trading company AgAmbition have agreed a three-year deal whereby the latter will develop export sales of the producer's calcium nitrate (CN) and magnesium nitrate.
Do you see any changes so far this week in prices? Any new tenders or price movements?
Thanks again.
Lordegan: 50kt sold at $431.20 fob
Phosphate Fertilizer Industry Association
July 14, 2025, Beijing
The association urges the entire industry to ensure the supply of phosphorus-ammonium compound and stabilize its price, and to accept social supervision; if any phosphorus-ammonium compound production enterprises engage in hoarding, arbitrary price hikes, bundling sales, or signing ambiguous contracts or contracts with unclear prices, the association encourages them to report such issues; once verified, severe measures will be taken.
Supervision phone number: 010-82035207 (business hours), email: zglffgyxh@126.com
On July 13, 2025, the prices of phosphate ammonium products (standard common varieties) will be announced.
64% diammonium phosphate in East China (first arrival point): 3,950 yuan/ton;
57% diammonium phosphate in North China (first arrival point): 3,600 yuan/ton;
55% granular ammonium nitrate in central China (ex-factory): 3,350 yuan/ton;
58% granular ammonium nitrate in East China (ex-factory): 3,650 yuan/ton;
The selling price of 60% granular ammonium nitrate in the southwestern China region is 3,850 yuan per ton.
[Urea] On July 14, the daily production of the urea industry was 195,300 tons, a decrease of 13,000 tons from the previous working day and an increase of 18,000 tons from the same period last year; the current operational rate was 84.34%, an increase of 2.46% from the 81.88% recorded last year.
Dear Sir/Madam,
Pardis Petrochemical Company (PPC) is pleased to submit a proposal for a 30-60 KMT ± 10% in bulk Urea cargo with the below terms :
Product: Granular Urea-Fertilizer in Bulk.
Quantity: 30-60 KMT ± 10% MT in bulk Urea cargo buyer's option(In one lot) .
Shipment Window: Full July, 2025 .(To be mutually agreed)
Destination Market: To be declared by the buyer.
Quality: As per the attached PPC's specification
Delivery term: FOB
Load Port: Assaluyeh, Iran
PRICE: Minimum price is 435 USD/MT FIXED PRICE FOB Assaluyeh, The result of the auction will be awarded to the highest price
Payments: 20% of total cargo value to be remitted within 5 working days after account nomination. Balance 80% shall be settled before the vessel's berthing at Assaluyeh, Iran.
Currency of Payment: AED/USD To be mutually agreed.
Exchange Rate: 3.6725 For USD/AED.
Laycan: To be mutually agreed in a 3-days spread window.
Loading Rate: 8000 MT PWWD TFHEX EIU.
Please send your confirmation till 14:00 Hrs IRST (UTC +3:30 hours) on Tuesday, 15 July, 2025.
Note: In case of receiving buyer's confirmation, PPC reserves the right to/not to allocate the cargo.
In case of confirming the bid but not arranging for the payment/shipment obligations, the company & its affiliates will be prohibited from receiving the next PPC's offers.
Thank you for your attention and cooperation.
Best regards
Pardis Petrochemical Company
Morning. Market pause to end the week – trade digests tariff threats, RCF confirms and potential China exports. Nola values rebounded off recent lows – phys FH July barge traded $430. Phosphates continue to firm – August DAP phys traded at $740.
AG
Jul $460//$485
Aug $455//$480
Sep $445//$465
Q4 $390//$420
cfr Brazil
Jul $455//$475
Aug $460/$485
Sep $455//$470
Egypt
July $470//$490
Aug $470///$490
Sep $455//$490
Nola
Phys: FH JUL traded $430
Paper:
Jul $423//$430
Aug $430//$440 – traded $427 (1k)
Sep $425//$440
Q4 $385//$400
Q1 $385//$415
UAN Nola
Jul $350//$375
Aug $250//$290
Sep $250//$290
Oct $250//$300
DAP Nola
Physical: Aug traded $740
Jul $715//$725
Sep $730//$740
Q3 $733//$745
Q4 $695//$715
Q1 $660//$680
MAP Brazil
Jul $750//$775
Aug $755//$780
Sep $745//$775