https://www.livemint.com/industry/agriculture/govt-allows-indian-potash-ltd-to-continue-urea-imports-till-march-2026-11742317311964.html
apparently dof gave the ok but all up to ipl now what they want to do and they may wait some more
Wednesday, 19 March 2025 (Acerto)
Urea
Indonesia : Pupuk's 19 March prilled urea sales tender ex-Pusri results:
OE: $415 fob Palembang
Known bids:
H1 not know yet
Camelot high $380s
Oracle mid $380s
Ameropa $380s
Liven $379.5
Samsung high $370s
Golden Barley $370
Morning. On Int'l paper, Apr Brazil traded in-line w/ last week ($375cfr), Apr Egypt down to $375 amid softer phys reports, as May AG held in the $360s. In Nola, Mar Phys values flat, Apr traded down to $370.
AG
Mar $390//$403
Apr $365//$375
May $355//$368 – traded $365 (1.5k)
Cfr Brazil
Mar $390//$400
Apr $365//$378 – traded $375
May $360//$370
Jun $360//$375
Egypt
Mar $405//$412
Apr $372//$382 – traded $375
May $363//$377
Nola
Phys: Loaded traded $380
Mar $377//$381
Apr $365//$370
May $345//$355
Jun $330//$345
Options: April $380 Call traded $5; May 360 Call traded $7
UAN Nola
Mar $291//$300
Apr $305//$315
May $292//$310
Q2 $285//$300
DAP Nola
Mar $610//$620
Apr $580//$610
May $580//$595 – traded $585 (500st)
*Inventory update*
Levels at 13% capacity.
*Demand surges*
Importers are seeking 39+ tons.
*Analyst note*
Market sentiment: 5.
*Prices up*
Spot market sees a $40/mt increase.
*Freight steady*
No major changes in rates.
*Freight steady*
No major changes in rates.
<img src='https://images.unsplash.com/photo-1465101046530-73398c7f28ca' alt='Demo image' style='max-width:100%;height:auto;border-radius:8px;margin-top:10px;'>
*Analyst note*
Market sentiment: 40.
*Inventory update*
Levels at 13% capacity.
*Freight steady*
No major changes in rates.
*Prices up*
Spot market sees a $10/mt increase.
*Inventory update*
Levels at 8% capacity.