After several months of negotiations, India's annual potash fertilizer contract was finally announced on April 4, 2023.

Xinhua news in Beijing, January 4 (reporters Xu Ke, Dong Xue), Foreign ministry spokesman Wang Wenbin said at a regular press conference that Regional Comprehensive Economic Partnership (RCEP) has enabled regional countries to deepen cooperation and increase efficiency, which is a major victory for multilateralism and free trade. China will work with all parties to actively participate in the construction of RCEP mechanism and make positive contributions to regional prosperity and world economic

On 9 Nov., Argentine grain port workers have staged a surprise strike because of poor wage negotiations and other factors, delaying exports by one of the world's largest exporters, the labor union representing the country's grain port workers expressed on Monday.

On November 28, 2023, the domestic price of monoammonium phosphate remained stable, and some regions lowered it by 50 yuan/ton. At present, negotiations for new orders are mainly focused on, and with the support of pending orders, it is expected to be sorted and operated in a short period of time.

The growth rate of total import and export value of goods in October turned positive！

On October 31st, BASF released a quarterly report showing sales of €15.7 billion (approximately 121.4 billion yuan) in the third quarter of 2023, a decrease of €6.2 billion (approximately 48 billion yuan) from the same period last year.

This week, the domestic market price of potassium chloride remained unchanged compared to last week, with imported products generally increasing by 50 yuan/ton.

With the end of the National Day holiday, the end of the 2023 statutory holidays, the overall price of urea has experienced a small fluctuation, ranging from 20 to 40 yuan (ton price.

On the previous trading day, the spot price of urea in Shandong decreased.

According to the data released by the National Bureau of Statistics on September 15, from January to August, the national fixed assets investment (excluding farmers) was 32704.2 billion yuan, showing an increase of 3.2% year-on-year, including 5.9% growth in manufacturing investment and 13.2% in chemical raw materials and chemical products manufacturing investment.

On September 4th, RCF in India issued a urea import tender, which would be closed on September 15th. The quotation will be valid until September 25th, and the latest shipping date will be November 14th.

According to data released by the National Bureau of Statistics recently, prices of coal across the country rose and fell in mid August.

IPL released a urea import tender on July 25th, and the tender opened on August 9th. The latest shipping date will be September 26th.

The market price of potassium sulfate fluctuated slightly.

Due to the high temperature weather, the demand for electricity in North Africa has greatly increased, natural gas consumption has increased, and there is a gap in supply and demand. Urea factories that use natural gas as raw materials have been required to reduce production. Since July, the price of urea in Egypt has risen significantly to over $400 per ton.

Recently, the continuously sluggish international potassium fertilizer market has finally begun to show signs of recovery.

This week, there was news that monoammonium may hit the bottom and rebound. In fact, the price of monoammonium has stabilized for a period of time, some industries speculated that monoammonium may hit the bottom, but others still hold a bearish attitude.

According to Wind data, on the morning of June 21st, the offshore renminbi (RMB) US dollar exchange rate dropped below 7.2 yuan, marking the first time since November last year. As of 10:06, the lowest offshore RMB to US dollar exchange rate was reported at 7.2005 yuan, with a decline of nearly 200 basis points within the day.