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href="/en/commodities/biofuels-and-feedstocks">Biofuels and feedstocks</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/commodities/ammonia">Ammonia</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/commodities/hydrogen">Hydrogen</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/commodities/battery-materials">Battery materials</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/solutions/products/argus-biomass-markets">Biomass</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/commodities/electric-power">Electric power</a></li></ul></li><li class="MainNavigation_secondaryItem__b3LkS qa-nav-2nd-items "><button class="cta MainNavigation_secondaryLink__dWmVz">Chemicals</button><ul class="MainNavigation_tertiaryList__5v6Ig qa-nav-3rd"><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/commodities/chemicals">Chemicals overview</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/commodities/methanol">Methanol</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/commodities/polymers">Polymers</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/commodities/light-olefins">Light olefins</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/commodities/heavy-olefins">Heavy olefins</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/commodities/aromatics">Aromatics</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/commodities/octane-blending">Octane blending</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/commodities/chlor-alkali">Chlor-alkali</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/commodities/polyurethanes">Polyurethanes</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/commodities/oleochemicals">Oleochemicals</a></li></ul></li><li class="MainNavigation_secondaryItem__b3LkS qa-nav-2nd-items "><button class="cta MainNavigation_secondaryLink__dWmVz">Fertilizers</button><ul class="MainNavigation_tertiaryList__5v6Ig qa-nav-3rd"><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/commodities/fertilizers">Fertilizers overview</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/commodities/ammonia">Ammonia</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/commodities/nitrogen">Nitrogen</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/commodities/npks">NPKs</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/commodities/phosphates">Phosphates</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/commodities/potash">Potash</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/commodities/sulphur-and-sulphuric-acid">Sulphur and sulphuric acid</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/commodities/sustainable-and-specialty-fertilizers">Sustainable and specialty fertilizers</a></li></ul></li><li class="MainNavigation_secondaryItem__b3LkS qa-nav-2nd-items "><button class="cta MainNavigation_secondaryLink__dWmVz">Metals</button><ul class="MainNavigation_tertiaryList__5v6Ig qa-nav-3rd"><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/commodities/metals">Metals overview</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/commodities/steel">Steel</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/commodities/steel-raw-materials">Steel raw materials</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/commodities/battery-materials">Battery materials</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/commodities/specialty-and-minor-metals">Minor metals</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/commodities/rare-earths">Rare earths</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/commodities/alloys">Alloys</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/commodities/scrap">Scrap</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/commodities/pipe-and-tube">Pipe and tube</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/commodities/base-metals">Base metals</a></li></ul></li><li class="MainNavigation_secondaryItem__b3LkS qa-nav-2nd-items "><a title="" target="" class="cta MainNavigation_secondaryLink__dWmVz" href="/en/commodities/agriculture">Agriculture</a></li></ul></li><li class="MainNavigation_primaryItem__myUif qa-nav-primary-items "><button type="button" class="cta MainNavigation_primaryLink__tYxec">Industries</button><ul class="MainNavigation_secondaryList__iQt0k qa-nav-2nd"><li class="MainNavigation_secondaryItem__b3LkS qa-nav-2nd-items "><a title="" target="" class="cta MainNavigation_secondaryLink__dWmVz" href="/en/industries">Industries overview</a></li><li class="MainNavigation_secondaryItem__b3LkS qa-nav-2nd-items "><a title="" target="" class="cta MainNavigation_secondaryLink__dWmVz" href="/en/industries/freight">Freight</a></li><li class="MainNavigation_secondaryItem__b3LkS qa-nav-2nd-items "><a title="" target="" class="cta MainNavigation_secondaryLink__dWmVz" href="/en/industries/upstream-oil-and-gas">Upstream oil and gas</a></li><li class="MainNavigation_secondaryItem__b3LkS qa-nav-2nd-items "><a title="" target="" class="cta MainNavigation_secondaryLink__dWmVz" href="/en/industries/oil-refining-and-distribution">Oil refining and distribution</a></li><li class="MainNavigation_secondaryItem__b3LkS qa-nav-2nd-items "><a title="" target="" class="cta MainNavigation_secondaryLink__dWmVz" href="/en/industries/biofuels-production">Biofuels production</a></li><li class="MainNavigation_secondaryItem__b3LkS qa-nav-2nd-items "><a title="" target="" class="cta MainNavigation_secondaryLink__dWmVz" href="/en/industries/aviation">Aviation</a></li><li class="MainNavigation_secondaryItem__b3LkS qa-nav-2nd-items "><a title="" target="" class="cta MainNavigation_secondaryLink__dWmVz" href="/en/industries/petrochemicals">Petrochemicals</a></li><li class="MainNavigation_secondaryItem__b3LkS qa-nav-2nd-items "><a title="" target="" class="cta MainNavigation_secondaryLink__dWmVz" href="/en/industries/natural-gas-and-power-distribution">Natural gas and power distribution</a></li><li class="MainNavigation_secondaryItem__b3LkS qa-nav-2nd-items "><a title="" target="" class="cta MainNavigation_secondaryLink__dWmVz" href="/en/industries/power-generation">Power generation</a></li><li class="MainNavigation_secondaryItem__b3LkS qa-nav-2nd-items "><a title="" target="" class="cta MainNavigation_secondaryLink__dWmVz" href="/en/industries/mining">Mining</a></li><li class="MainNavigation_secondaryItem__b3LkS qa-nav-2nd-items "><a title="" target="" class="cta MainNavigation_secondaryLink__dWmVz" href="/en/industries/industrial-manufacturing">Industrial manufacturing</a></li><li class="MainNavigation_secondaryItem__b3LkS qa-nav-2nd-items "><a 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href="/en/solutions/analytics-and-forecasting/long-term-analytics">Long term analytics</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/solutions/analytics-and-forecasting/argus-forward-curves">Forward curves</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/solutions/analytics-and-forecasting/data-science-and-machine-learning">Data science and machine learning</a></li></ul></li><li class="MainNavigation_secondaryItem__b3LkS qa-nav-2nd-items "><a title="" target="" class="cta MainNavigation_secondaryLink__dWmVz" href="/en/solutions/consulting-projects">Consulting projects</a></li><li class="MainNavigation_secondaryItem__b3LkS qa-nav-2nd-items "><a title="" target="" class="cta MainNavigation_secondaryLink__dWmVz" href="/en/solutions/business-intelligence-reports">Business intelligence reports</a></li><li class="MainNavigation_secondaryItem__b3LkS qa-nav-2nd-items "><button class="cta MainNavigation_secondaryLink__dWmVz">How we deliver</button><ul class="MainNavigation_tertiaryList__5v6Ig qa-nav-3rd"><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/solutions/how-we-deliver">How we deliver overview</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/solutions/how-we-deliver/client-portal">Client portal</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/solutions/how-we-deliver/argus-data-science-studio">Argus Data Science Studio</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/solutions/how-we-deliver/argus-open-markets">Argus Open Markets</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/solutions/products/argus-spot-ticker">Argus Spot Ticker</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/solutions/how-we-deliver/channel-partners">Channel partners</a></li></ul></li></ul></li><li class="MainNavigation_primaryItem__myUif qa-nav-primary-items "><button type="button" class="cta MainNavigation_primaryLink__tYxec">Events</button><ul class="MainNavigation_secondaryList__iQt0k qa-nav-2nd"><li class="MainNavigation_secondaryItem__b3LkS qa-nav-2nd-items "><a title="" target="" class="cta MainNavigation_secondaryLink__dWmVz" href="/en/events">Events overview</a></li><li class="MainNavigation_secondaryItem__b3LkS qa-nav-2nd-items "><a title="" class="cta 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class="MainNavigation_secondaryList__iQt0k qa-nav-2nd"><li class="MainNavigation_secondaryItem__b3LkS qa-nav-2nd-items "><a title="" target="" class="cta MainNavigation_secondaryLink__dWmVz" href="/en/methodology">Methodology overview</a></li><li class="MainNavigation_secondaryItem__b3LkS qa-nav-2nd-items "><a title="" target="" class="cta MainNavigation_secondaryLink__dWmVz" href="/en/methodology/methodologies">Browse Argus methodologies</a></li><li class="MainNavigation_secondaryItem__b3LkS qa-nav-2nd-items "><a title="" target="" class="cta MainNavigation_secondaryLink__dWmVz" href="/en/methodology/key-commodity-prices">Key commodity prices</a></li><li class="MainNavigation_secondaryItem__b3LkS qa-nav-2nd-items "><a title="" target="" class="cta MainNavigation_secondaryLink__dWmVz" href="/en/methodology/publishing-schedule">Publishing schedule</a></li><li class="MainNavigation_secondaryItem__b3LkS qa-nav-2nd-items "><a title="" target="" class="cta 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class="col-12 col-lg-6 offset-lg-1"><div class="HeroBanner_titleAndDescription__0Cj9_"><h1 class="qa-banner-title">Phosphates</h1><div class="h4 qa-banner-description">Market moving insight on the phosphates market – delivering robust price assessments, actionable commentary, powerful data, vital analysis and outlooks</div></div></div></div></div></div></div></div><div class="component small grey "><div class="component-content"><div class="PageSubnavigation_container__yH3q7 qa-subnavigation-bar container"><div class="PageSubnavigation_outer__ocRn_"><div class="PageSubnavigation_bar__Cf50a"><a href="#overview" class="qa-subnavigation-anchor PageSubnavigation_item__mBuP2 cta bar " title="">Overview</a><a href="#news" class="qa-subnavigation-anchor PageSubnavigation_item__mBuP2 cta bar " title="">Latest news</a><a href="#spotlight" class="qa-subnavigation-anchor PageSubnavigation_item__mBuP2 cta bar " title="">Spotlight content</a><a href="#products" class="qa-subnavigation-anchor PageSubnavigation_item__mBuP2 cta bar " title="">Explore our phosphate products</a><a href="#prices" class="qa-subnavigation-anchor PageSubnavigation_item__mBuP2 cta bar " title="">Key price assessments</a><a href="#events" class="qa-subnavigation-anchor PageSubnavigation_item__mBuP2 cta bar " title="">Related events</a><button type="button" class="PageSubnavigation_showMore__2Z47G cta ">More</button></div></div><div class="PageSubnavigation_drawer__lxQUi grey " style="left:0px"><div class="container"><div class="PageSubnavigation_drawerInner__Q_bJs"><div class="PageSubnavigation_drawerItems__AwukY"><a href="#overview" class="qa-subnavigation-anchor PageSubnavigation_item__mBuP2 cta bar " title="">Overview</a><a href="#news" class="qa-subnavigation-anchor PageSubnavigation_item__mBuP2 cta bar " title="">Latest news</a><a href="#spotlight" class="qa-subnavigation-anchor PageSubnavigation_item__mBuP2 cta bar " title="">Spotlight content</a><a href="#products" class="qa-subnavigation-anchor PageSubnavigation_item__mBuP2 cta bar " title="">Explore our phosphate products</a><a href="#prices" class="qa-subnavigation-anchor PageSubnavigation_item__mBuP2 cta bar " title="">Key price assessments</a><a href="#events" class="qa-subnavigation-anchor PageSubnavigation_item__mBuP2 cta bar " title="">Related events</a></div></div></div></div></div></div></div><div class="component component-padding PageIntroduction_pageIntroduction__BoFDD white" id="overview"><div class="component-content"><div class="container"><div class="PageIntroduction_row__DH0rm row"><div class="col-12 col-lg-8"><div class="qa-pageintroduction-section"><h2 class="qa-pageintroduction-title">Overview</h2><div class="PageIntroduction_description__hOYK7"><div class="qa-pageintroduction-textfield"><p>The global phosphates market has witnessed increasing volatility, in response to military conflicts, political tensions and changing market dynamics. Price fluctuations have continued to buffet the market, with increasing demand from south and Southeast Asia the main regions driving consumption growth. Rising raw material prices and improved affordability have lifted prices once again. <br /> <br /> Phosphates' usage is also not solely limited to fertilizers. Battery-material suppliers are increasingly seeking to source phosphate rock and specialty phosphates-based products to meet the rapidly rising demand for lithium-iron-phosphate batteries for electric vehicle production.<br /> <br /> Our extensive phosphates coverage includes DAP, MAP, TSP and SSP, as well as raw materials phosphate rock and phosphoric acid, with assessments also spanning feed products MCP and DCP. Argus has many decades of experience covering the phosphates market and incorporate our multi-commodity market expertise in key areas including sulphur and ammonia to provide the full market narrative.<br /> <br /> <strong>Argus support market participants with:</strong></p> <ul> <li>Daily and weekly phosphates price assessments, proprietary data and market commentary</li> <li>Short and medium to long-term forecasting, modelling and analysis of processed phosphate and phosphate rock prices, supply, demand, trade and projects</li> <li>Bespoke consulting project support</li> </ul></div></div></div></div></div></div></div></div><div class="component component-padding grey " id="news"><div class="component-content"><div class="container"><div class="row"><div class="col-12 col-lg-7"><h2 class="qa-combinedfeed-title section-heading">Latest phosphate news</h2><p class="qa-combinedfeed-description">Browse the latest market moving news on the global phosphate industry.</p></div></div><div aria-live="polite" class="Tabs_tabs__tVXxO secondary"><div class="qa-tabspanel-list Tabs_panel__uEe2n current" role="tabpanel"><div class="row"><div class="col-12 col-lg-6"><a class="qa-combinedfeed-primary-item News_link__TcfaC News_primary__Fop2j white" href="/en/news-and-insights/latest-market-news/2631567-bangladesh-issues-new-phosphate-tenders"><div class="News_primaryInner__9SOga"><div class="qa-combinedfeed-item-eyebrow News_meta__Gc4kJ News_category__qm0Jk h5">Latest phosphate news</div><div class="qa-combinedfeed-item-date News_meta__Gc4kJ News_date___zoLz h5">22/11/24</div><hr class="News_hr__BZset"/><h3 class="qa-combinedfeed-item-title News_headline__JsnZr h2 d-none d-lg-block">Bangladesh issues new phosphate tenders</h3><h3 class="qa-combinedfeed-item-title News_headline__JsnZr d-lg-none">Bangladesh issues new phosphate tenders</h3><p class="qa-combinedfeed-item-summary News_summary__eRMnt">London, 22 November (Argus) — Bangladesh's ministry of agriculture has issued a new private-sector tender to buy DAP and TSP, closing on 27 November. The ministry did not specify the total quantities sought but specified that each private importer can offer a maximum of 30,000t of TSP and 40,000t of DAP in the tender. The cargoes offered under the tender are to be shipped by 30 December, and nominated importers must issue letters of credit within seven working days of receiving the work order. The ministry closed a private-sector tender to buy DAP and TSP on 18 November and has probably awarded at least 40,000t of Moroccan DAP at $678.40/t cfr in the tender. It had received offers for 120,000t of DAP at prices ranging from $678.40-711.00/t cfr and 113,000t of TSP at prices ranging from $561.90-585.00/t cfr. BCIC seeks 10,000t of phosphoric acid in tender Bangladeshi state-owned importer BCIC has issued a fresh tender to buy 10,000t of phosphoric acid containing 52-54pc P2O5, closing on 8 January. It wants the cargo to be shipped within 30 days of issuing the letter of credit for delivery to Chattogram. Trading firm Sun International submitted the only offer in BCIC's 20 November tender for 20,000t of the same grade of acid. It offered South African or Chinese acid at $620.87/t cfr (equivalent to $1,150-1,194/t P2O5 cfr), or $530.87/t fob. In its 18 November tender to buy 10,000t of 52-54pc P2O5 acid, BCIC received offers of $1,163-1,213/t P2O5 cfr equivalent. By Tom Hampson Send comments and request more information at feedback@argusmedia.com Copyright © 2024. Argus Media group . All rights reserved.</p></div><span class="qa-combinedfeed-item-cta cta d-none d-lg-inline-flex">Find out more</span></a></div><div class="col-12 col-lg-6"><div class="News_secondaryGroup__CVF5i"><a class="qa-combinedfeed-secondary-item News_link__TcfaC News_secondary__4Pe3A white" href="/en/news-and-insights/latest-market-news/2630112-ipl-forecasts-higher-phosphate-hill-output-in-fy25"><div class="News_secondaryOuter__68Cw0 d-none d-lg-flex"><div class="News_secondaryInner__T663Z"><div class="qa-combinedfeed-item-eyebrow News_meta__Gc4kJ h5">Latest phosphate news</div><h3 class="qa-combinedfeed-item-title News_headline__JsnZr">IPL forecasts higher Phosphate Hill output in FY25</h3></div><hr class="News_hr__BZset"/><div class="qa-combinedfeed-item-date News_meta__Gc4kJ News_date___zoLz h5">19/11/24</div></div><div class="News_secondaryOuter__68Cw0 d-flex d-lg-none"><div class="qa-combinedfeed-item-eyebrow News_meta__Gc4kJ News_category__qm0Jk h5">Latest phosphate news</div><div class="qa-combinedfeed-item-date News_meta__Gc4kJ News_date___zoLz h5">19/11/24</div><hr class="News_hr__BZset"/><h3 class="qa-combinedfeed-item-title News_headline__JsnZr">IPL forecasts higher Phosphate Hill output in FY25</h3><p class="qa-combinedfeed-item-summary News_summary__eRMnt">Sydney, 19 November (Argus) — Australian chemicals and fertilizer producer Incitec Pivot (IPL) has forecasted higher output from its Phosphate Hill mine over the next financial year in its annual report. IPL forecasts there will be 790,000-860,000t of DAP/MAP output from its Phosphate Hill site located in northeast Queensland, Australia, up from 739,500t of output in FY24 . IPL plans to conduct repairs and other work to increase site reliability over the next financial year. Owing to these planned outages, production at Phosphate Hill is expected to be lower in the first half of the financial year, with 40-45pc of total volumes expected during that time. IPL highlighted that Phosphate Hill's production is vulnerable to circumstances outside its control, such as equipment breakdowns, energy or water disruptions and severe weather events. IPL also mentioned its reliance on Glencore's nearby Mount Isa Mines copper smelter staying open. Sulphuric acid is a by-product of copper smelting. Should the smelter close, sulphuric acid supply in the region would fall and with it being a major raw material required to produce DAP/MAP, Phosphate Hill would be negatively impacted. This could also impact phosphate production at Agriflex's Ardmore phosphate project in Queensland. Glencore recently announced it expects the operation of the smelter to continue to 2030 pending capital approvals. IPL is continuing to work on alternative sources to mitigate the loss of sulphuric acid supply in case of Glencore's potential closure or reduced production. The annual report also said IPL continues to use a mix of gas supply sources, including gas supplied under a contract with Power and Water Corporation (PWC), and top-up gas from Northern Territory and east coast suppliers. The diversity of gas supply ensured Phosphate Hill production was not affected by the reduction of contracted gas supply from PWC. A further update on Phosphate Hill supply will be made mid-2025 and a "strategic review" of the site is expected to be completed no later than September 2025. By Tom Woodlock Send comments and request more information at feedback@argusmedia.com Copyright © 2024. Argus Media group . All rights reserved.</p></div></a><a class="qa-combinedfeed-secondary-item News_link__TcfaC News_secondary__4Pe3A white" href="/en/news-and-insights/latest-market-news/2629868-bangladesh-s-bcic-receives-offers-in-phosacid-tender"><div class="News_secondaryOuter__68Cw0 d-none d-lg-flex"><div class="News_secondaryInner__T663Z"><div class="qa-combinedfeed-item-eyebrow News_meta__Gc4kJ h5">Latest phosphate news</div><h3 class="qa-combinedfeed-item-title News_headline__JsnZr">Bangladesh’s BCIC receives offers in phosacid tender</h3></div><hr class="News_hr__BZset"/><div class="qa-combinedfeed-item-date News_meta__Gc4kJ News_date___zoLz h5">18/11/24</div></div><div class="News_secondaryOuter__68Cw0 d-flex d-lg-none"><div class="qa-combinedfeed-item-eyebrow News_meta__Gc4kJ News_category__qm0Jk h5">Latest phosphate news</div><div class="qa-combinedfeed-item-date News_meta__Gc4kJ News_date___zoLz h5">18/11/24</div><hr class="News_hr__BZset"/><h3 class="qa-combinedfeed-item-title News_headline__JsnZr">Bangladesh’s BCIC receives offers in phosacid tender</h3><p class="qa-combinedfeed-item-summary News_summary__eRMnt">London, 18 November (Argus) — State-owned Bangladeshi fertilizer importer and producer BCIC received offers ranging from $1,163-1,213/t P2O5 cfr equivalent in its tender to buy 10,000t of merchant grade phosphoric acid, which closed today. Trading firm Gentrade FZE made the lowest offer, for Moroccan phosphoric acid, at $628.10/t cfr, or $532.10/t fob. Guangxi Pengyue Eco-Technology — a subsidiary of China's Guizhou Chanhen Chemical — offered at $629.91/t cfr, or $542.91/t fob. And trading firm Sun International offered South African acid at $631/t cfr, or $538/t fob. BCIC is likely to have received no offers in its 29 October tender to buy 10,000t of the same grade of phosphoric acid. By Tom Hampson Send comments and request more information at feedback@argusmedia.com Copyright © 2024. Argus Media group . All rights reserved.</p></div></a><a class="qa-combinedfeed-secondary-item News_link__TcfaC News_secondary__4Pe3A white" href="/en/news-and-insights/latest-market-news/2629748-bangladesh-gets-dap-tsp-offers-in-tender"><div class="News_secondaryOuter__68Cw0 d-none d-lg-flex"><div class="News_secondaryInner__T663Z"><div class="qa-combinedfeed-item-eyebrow News_meta__Gc4kJ h5">Latest phosphate news</div><h3 class="qa-combinedfeed-item-title News_headline__JsnZr">Bangladesh gets DAP, TSP offers in tender</h3></div><hr class="News_hr__BZset"/><div class="qa-combinedfeed-item-date News_meta__Gc4kJ News_date___zoLz h5">18/11/24</div></div><div class="News_secondaryOuter__68Cw0 d-flex d-lg-none"><div class="qa-combinedfeed-item-eyebrow News_meta__Gc4kJ News_category__qm0Jk h5">Latest phosphate news</div><div class="qa-combinedfeed-item-date News_meta__Gc4kJ News_date___zoLz h5">18/11/24</div><hr class="News_hr__BZset"/><h3 class="qa-combinedfeed-item-title News_headline__JsnZr">Bangladesh gets DAP, TSP offers in tender</h3><p class="qa-combinedfeed-item-summary News_summary__eRMnt">London, 18 November (Argus) — Bangladesh's ministry of agriculture got offers for 120,000t of DAP ranging $678.40-717.00/t cfr and 113,000t of TSP ranging $561.90-585.00/t cfr in its latest private-sector tender, which closed today. The ministry received four offers for DAP in the tender as follows: Bulk Trade International — 40,000t at $678.40/t cfr Saifullah Takwa — 40,000t at $711/t cfr Taiba Saifullah (G.L.) — 20,000t at $711/t cfr Taiba Saifullah (S.A.) — 20,000t at $717/t cfr And five offers for TSP as follows: Bulk Trade International — 30,000t at $561.90/t cfr Mounata Trade Index — 20,000t at $584/t cfr Alif Trading Corporation — 3,000t at $585/t cfr Noapara Traders — 30,000t at $585/t cfr Taiba Saifullah (S.A) — 30,000t at $585/t cfr The ministry of agriculture likely awarded the offers received under its 10 November private-sector tender . Trading firms had offered 94,000t of DAP at $692-697/t cfr and 30,000t of TSP at $573/t cfr under the tender. By Tom Hampson Send comments and request more information at feedback@argusmedia.com Copyright © 2024. Argus Media group . All rights reserved.</p></div></a><a class="qa-combinedfeed-secondary-item News_link__TcfaC News_secondary__4Pe3A white" href="/en/news-and-insights/latest-market-news/2628547-bangladesh-s-bcic-issues-phosrock-buy-tender"><div class="News_secondaryOuter__68Cw0 d-none d-lg-flex"><div class="News_secondaryInner__T663Z"><div class="qa-combinedfeed-item-eyebrow News_meta__Gc4kJ h5">Latest phosphate news</div><h3 class="qa-combinedfeed-item-title News_headline__JsnZr">Bangladesh’s BCIC issues phosrock buy-tender</h3></div><hr class="News_hr__BZset"/><div class="qa-combinedfeed-item-date News_meta__Gc4kJ News_date___zoLz h5">14/11/24</div></div><div class="News_secondaryOuter__68Cw0 d-flex d-lg-none"><div class="qa-combinedfeed-item-eyebrow News_meta__Gc4kJ News_category__qm0Jk h5">Latest phosphate news</div><div class="qa-combinedfeed-item-date News_meta__Gc4kJ News_date___zoLz h5">14/11/24</div><hr class="News_hr__BZset"/><h3 class="qa-combinedfeed-item-title News_headline__JsnZr">Bangladesh’s BCIC issues phosrock buy-tender</h3><p class="qa-combinedfeed-item-summary News_summary__eRMnt">London, 14 November (Argus) — Bangladeshi fertilizer producer and importer BCIC has issued a tender to buy 30,000t of phosphate rock of at least 70 BPL (32pc P2O5), closing on 31 December. BCIC wants the cargo to be shipped to Chattogram within 30 days from issuing the letter of credit. Bangladeshi demand has added support to phosphates in the east and helped to tighten availability. BCIC will also close tenders to buy phosphoric acid on 18 and 20 November, and 1 January. And Bangladesh's ministry of agriculture has reportedly awarded cargoes under its 10 November private-sector tender after getting offers for 94,000t of DAP ranging $692-697/t cfr and 30,000t of TSP at $573/t cfr. The awarded prices, volumes and origins have not yet emerged. The ministry will close another private-sector tender seeking 200,000t of DAP and TSP on 18 November. By Tom Hampson Send comments and request more information at feedback@argusmedia.com Copyright © 2024. Argus Media group . All rights reserved.</p></div></a></div></div></div><div class="CombinedFeedPanel_cta__B_k4H position-center"><a href="https://www.argusmedia.com/en/news-and-insights/latest-market-news?filters=%7B%22language%22%3A%22%27en-gb%27%22%2C%22commodity%22%3A%22%27Fertilizers%27%2C%27Feedgrade+Minerals%27%22%2C%22market%22%3A%22%27Phosphate%27%2C%27Phosphoric+Acid%27%2C%27Feedgrade+Minerals%27%22%7D&page=1" class="qa-combinedfeed-cta large cta" target="">Read all phosphate news</a></div></div></div></div></div></div><div class="component component-padding navy " id="focus"><div class="component-content"><div class="container"><div class="row FiftyFiftyTextImage_content__vqnzQ reverse"><div class="qa-fiftyfiftytextimage-image col-12 col-lg-5"><img alt="170624 Nitrogen Fert Focus Magazine Banner" loading="lazy" width="586" height="379" decoding="async" data-nimg="1" style="color:transparent" 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The ministry did not specify the total quantities sought but specified that each private importer can offer a maximum of 30,000t of TSP and 40,000t of DAP in the tender. The cargoes offered under the tender are to be shipped by 30 December, and nominated importers must issue letters of credit within seven working days of receiving the work order. The ministry closed a private-sector tender to buy DAP and TSP on 18 November and has probably awarded at least 40,000t of Moroccan DAP at $678.40/t cfr in the tender. It had received offers for 120,000t of DAP at prices ranging from $678.40-711.00/t cfr and 113,000t of TSP at prices ranging from $561.90-585.00/t cfr. BCIC seeks 10,000t of phosphoric acid in tender Bangladeshi state-owned importer BCIC has issued a fresh tender to buy 10,000t of phosphoric acid containing 52-54pc P2O5, closing on 8 January. It wants the cargo to be shipped within 30 days of issuing the letter of credit for delivery to Chattogram. Trading firm Sun International submitted the only offer in BCIC's 20 November tender for 20,000t of the same grade of acid. It offered South African or Chinese acid at $620.87/t cfr (equivalent to $1,150-1,194/t P2O5 cfr), or $530.87/t fob. In its 18 November tender to buy 10,000t of 52-54pc P2O5 acid, BCIC received offers of $1,163-1,213/t P2O5 cfr equivalent. By Tom Hampson Send comments and request more information at feedback@argusmedia.com Copyright © 2024. Argus Media group . All rights reserved.","links":[{"rel":"article","href":"https://api.argusmedia.com/articles/2631567"}],"tags":null,"taxonomy":null,"id":2631567,"language":"en-GB","body":null},{"type":"News","datePublished":"2024-11-19T04:03:18Z","headline":"IPL forecasts higher Phosphate Hill output in FY25","summary":"Sydney, 19 November (Argus) — Australian chemicals and fertilizer producer Incitec Pivot (IPL) has forecasted higher output from its Phosphate Hill mine over the next financial year in its annual report. IPL forecasts there will be 790,000-860,000t of DAP/MAP output from its Phosphate Hill site located in northeast Queensland, Australia, up from 739,500t of output in FY24 . IPL plans to conduct repairs and other work to increase site reliability over the next financial year. Owing to these planned outages, production at Phosphate Hill is expected to be lower in the first half of the financial year, with 40-45pc of total volumes expected during that time. IPL highlighted that Phosphate Hill's production is vulnerable to circumstances outside its control, such as equipment breakdowns, energy or water disruptions and severe weather events. IPL also mentioned its reliance on Glencore's nearby Mount Isa Mines copper smelter staying open. Sulphuric acid is a by-product of copper smelting. Should the smelter close, sulphuric acid supply in the region would fall and with it being a major raw material required to produce DAP/MAP, Phosphate Hill would be negatively impacted. This could also impact phosphate production at Agriflex's Ardmore phosphate project in Queensland. Glencore recently announced it expects the operation of the smelter to continue to 2030 pending capital approvals. IPL is continuing to work on alternative sources to mitigate the loss of sulphuric acid supply in case of Glencore's potential closure or reduced production. The annual report also said IPL continues to use a mix of gas supply sources, including gas supplied under a contract with Power and Water Corporation (PWC), and top-up gas from Northern Territory and east coast suppliers. The diversity of gas supply ensured Phosphate Hill production was not affected by the reduction of contracted gas supply from PWC. A further update on Phosphate Hill supply will be made mid-2025 and a \"strategic review\" of the site is expected to be completed no later than September 2025. By Tom Woodlock Send comments and request more information at feedback@argusmedia.com Copyright © 2024. Argus Media group . All rights reserved.","links":[{"rel":"article","href":"https://api.argusmedia.com/articles/2630112"}],"tags":null,"taxonomy":null,"id":2630112,"language":"en-GB","body":null},{"type":"News","datePublished":"2024-11-18T15:28:05Z","headline":"Bangladesh’s BCIC receives offers in phosacid tender","summary":"London, 18 November (Argus) — State-owned Bangladeshi fertilizer importer and producer BCIC received offers ranging from $1,163-1,213/t P2O5 cfr equivalent in its tender to buy 10,000t of merchant grade phosphoric acid, which closed today. Trading firm Gentrade FZE made the lowest offer, for Moroccan phosphoric acid, at $628.10/t cfr, or $532.10/t fob. Guangxi Pengyue Eco-Technology — a subsidiary of China's Guizhou Chanhen Chemical — offered at $629.91/t cfr, or $542.91/t fob. And trading firm Sun International offered South African acid at $631/t cfr, or $538/t fob. BCIC is likely to have received no offers in its 29 October tender to buy 10,000t of the same grade of phosphoric acid. By Tom Hampson Send comments and request more information at feedback@argusmedia.com Copyright © 2024. Argus Media group . All rights reserved.","links":[{"rel":"article","href":"https://api.argusmedia.com/articles/2629868"}],"tags":null,"taxonomy":null,"id":2629868,"language":"en-GB","body":null},{"type":"News","datePublished":"2024-11-18T11:07:23Z","headline":"Bangladesh gets DAP, TSP offers in tender","summary":"London, 18 November (Argus) — Bangladesh's ministry of agriculture got offers for 120,000t of DAP ranging $678.40-717.00/t cfr and 113,000t of TSP ranging $561.90-585.00/t cfr in its latest private-sector tender, which closed today. The ministry received four offers for DAP in the tender as follows: Bulk Trade International — 40,000t at $678.40/t cfr Saifullah Takwa — 40,000t at $711/t cfr Taiba Saifullah (G.L.) — 20,000t at $711/t cfr Taiba Saifullah (S.A.) — 20,000t at $717/t cfr And five offers for TSP as follows: Bulk Trade International — 30,000t at $561.90/t cfr Mounata Trade Index — 20,000t at $584/t cfr Alif Trading Corporation — 3,000t at $585/t cfr Noapara Traders — 30,000t at $585/t cfr Taiba Saifullah (S.A) — 30,000t at $585/t cfr The ministry of agriculture likely awarded the offers received under its 10 November private-sector tender . Trading firms had offered 94,000t of DAP at $692-697/t cfr and 30,000t of TSP at $573/t cfr under the tender. By Tom Hampson Send comments and request more information at feedback@argusmedia.com Copyright © 2024. Argus Media group . All rights reserved.","links":[{"rel":"article","href":"https://api.argusmedia.com/articles/2629748"}],"tags":null,"taxonomy":null,"id":2629748,"language":"en-GB","body":null},{"type":"News","datePublished":"2024-11-14T05:41:23Z","headline":"Bangladesh’s BCIC issues phosrock buy-tender","summary":"London, 14 November (Argus) — Bangladeshi fertilizer producer and importer BCIC has issued a tender to buy 30,000t of phosphate rock of at least 70 BPL (32pc P2O5), closing on 31 December. BCIC wants the cargo to be shipped to Chattogram within 30 days from issuing the letter of credit. Bangladeshi demand has added support to phosphates in the east and helped to tighten availability. BCIC will also close tenders to buy phosphoric acid on 18 and 20 November, and 1 January. And Bangladesh's ministry of agriculture has reportedly awarded cargoes under its 10 November private-sector tender after getting offers for 94,000t of DAP ranging $692-697/t cfr and 30,000t of TSP at $573/t cfr. The awarded prices, volumes and origins have not yet emerged. The ministry will close another private-sector tender seeking 200,000t of DAP and TSP on 18 November. By Tom Hampson Send comments and request more information at feedback@argusmedia.com Copyright © 2024. Argus Media group . All rights reserved.","links":[{"rel":"article","href":"https://api.argusmedia.com/articles/2628547"}],"tags":null,"taxonomy":null,"id":2628547,"language":"en-GB","body":null}],"itemsCursor":null}]}}},"__N_SSG":true},"page":"/[[...path]]","query":{"path":["commodities","phosphates"]},"buildId":"61995","assetPrefix":"https://www.argusmedia.com","isFallback":false,"isExperimentalCompile":false,"gsp":true,"locale":"en","locales":["default","en","es","zh","ru","pt","ja","fr","de"],"defaultLocale":"default","scriptLoader":[]}</script></body></html>