Ferts in Focus 22/07/20

*Indian tender prices disappoint Urea markets once again revolved around news out of India this past week, with the closing of their latest urea purchasing tender on Friday. As last time, the most competitive offers into the tender were below market expectations. However, rather than accept prices this time round, most participants in the tender have …

Ship Shape – FIS Commodity Weekly 17/07/20

A V-Shaped Recovery We have noted for several weeks now that there are more and more examples of countries or sectors returning to work. GDP figures show China has returned to growth, with many other countries reversing the dramatic trend that befell their Q1 economic data. It is, so far, a V-shaped rebound that has …

ShipShape: A V-Shaped Recovery

We have noted for several weeks now that there are more and more examples of countries or sectors returning to work. GDP figures show China has returned to growth, with many other countries reversing the dramatic trend that befell their Q1 economic data. It is, so far, a V-shaped rebound that has mirrored much of …

FIS Castaway

Episode 16 is all about cross commodities. Alistair Pettey, the new head of FIS’s cross commodity execution desk joins Chris, Alex and Tom to discuss new developments as well as the usual markets updates. Available now on the FIS website (www.freightinvestorservices.com/media ) Spotify https://open.spotify.com/show/7yMLsm5s8tLtrCQr7bG8wD?si=FW6Rvj9HRjClAx3vRjq8iw And Apple https://podcasts.apple.com/sg/podcast/fis-castaway/id1507094242  

Ferts in Focus 15/07/20

India to tender again Thursday saw the announcement of India’s next urea purchasing tender. It was inevitable and widely expected, but the usual rigmarole in the lead up was spared and the announcement largely caught the market by surprise. The purchasing tender issued by MMTC is for an unspecified quantity of urea for shipment by …