Department of fertilisers, Ministry of Fertilisers and Chemicals, India have recognized average International prices of fertilisers for December, 2022 and released trend for last one year.
The price of Urea (FOB) has decreased by about 41.82% from USD 990/MT in Dec’21 to USD 576/MT in Dec’22.
The price of DAP (CFR) has decreased by about 19.49% from USD 898/MT in Dec’21 to USD 723/MT in Dec’22.
The price of MOP (CFR) has increased by about 32.58% from USD 445/MT in Dec’21 to USD 590/MT in Dec’22.
The price of Phosphoric Acid (CFR) has decreased by about 11.65% from USD 1330/MT in Dec’21 to USD 1175 /MT in Dec’22.
The price of Rock Phosphate (CFR) has increased by about 78.47% from USD 144/MT in Dec’21 to USD 257/MT in Dec’22.
The price of Ammonia (CFR) has increased by about 13.13% from USD 990/MT in Dec’21 to USD 1120/MT in Dec’22.
The price of Sulphur (CFR) has decreased by about 35.71% from USD 308/MT in Dec’21 to USD 198 /MT in Dec’22.
Trend in International prices of fertilizers
The trend of average International prices of fertilizers since December, 2021 and comparison of
prices in December, 2022 over December, 2021 are as follows:
