Insights into International Fertilizer Prices: India’s Trend Analysis (Last Year to April 2023)

Unlocking the Shifts: A Year of Remarkable Price Changes in International Fertilizer Market

Urea (FOB): A Steep Price Drop of 47.39% in Just One Year from $ 631/MT in April’22 to $ 332/MT in April’23.

DAP (CFR): Impressive 39.72% Price Reduction in a Year from $ 924/MT in April’22 to $ 557/MT in April’23.

MOP (CFR): Significant 28.47% Price Drop in Just One Year from $ 590/MT in April’22 to $ 422/MT in April’23.

Phosphoric Acid (CFR): Impressive 31.37% Price Decline in One Year from $1530/MT in April’22 to $1050/MT in April’23.

Rock Phosphate(CFR):Significant 24.30% Price Drop in One Year from $284/MT in April’22 to $215/MT in April’23.

Remarkable Price Reductions: Ammonia (CFR) Plummets by 73.27% from $1575/MT in April’22 to $421/MT in April’23.

Sulphur (CFR) Witnesses an Astounding 75.20% Price Plunge: From $492/MT in April’22 to $122/MT in April’23.