The indicative import prices of fertilizer in India as of 29th August, have mixed trend. Urea contract prices are at $ 509.5 to $ 550 CFR which is 1.49% to 7.84% more than indicative prices of 18th July 2021.
DAP contract prices are at $ 665 CFR which is 5.89% more than indicative prices of 18th July 2021, however MOP has no variation.
NPK indicative prices reported negative trend. NPK 10:26:26 prices have reduced by $ 30 per ton (5.17%) from $ 580 to $ 550 CFR and NPK 12:32:16 prices reduced by $ 25 per ton (4.09%) from $ 610 to $ 585 CFR, however NPK 20:20:0:13 have no variation.
Ammonia prices have slightly reduced by around 1.5%, whereas Phosphoric acid has no variation in prices.
Major increase is with Rock Phosphate – Grade 66-68 BPL. It has increased with price range of 7.14% to 11.11% and Rock Phosphate – Grade 72 BPL by 5.55%.
Sulphuric Acid prices has climbed from $140 to $160 per ton with increase of 14%, however Sulphur prices have reduced by 6.81% (from $220 to $ 205 per ton).