June 2017 Edition


Welcome to the June 2017 edition of the newsletter FERTINEWS!

July 2017 will be marked by an important event for the fertilizer sector in West Africa. From May 10th to 12th the West African Fertilizer Agribusiness 2017 will take place in Accra. During this international conference, organized by CRU Events and the African Fertilizer Agribusiness Partnership (AFAP), discussions will take a holistic view of the agribusiness value chain to explore how the public and private sectors can partner to create viable fertilizer markets and boost demand in Africa. You will also find in this edition a link to an African Fertilizer Trade Map developed by IFA, IFDC, AFAP and

As always, we are delighted to serve you! Good reading!

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Regional Fertilizer Retail Price Summary - May 2017

Commercial Market Prices (com) vs. Subsidized Prices (sub)
Product (US$/ton)
437 411 533 492 550 499 537 470
  576   268     257 366
  597   489        
        652   531  
437 542 519 481 485 486 564 451
  411   222       366



BENIN The price of a 50kg bag of fertilizer were fixed as follows:

  • 12,000 FCFA:  NPK and Urea for cotton producers
  • 11,500 FCFA:  NPK, Urea and MOP for food crop producers who also grow cotton
  • 12,750 FCFA:  NPK, Urea, and MOP for producers who do not grow cotton

These prices will remain unchanged throughout the 2017-2018 season.

BURKINA FASO In Burkina Faso, subsidized fertilizers were distributed in the regional directorates. Subsidized prices for formulas such as NPK 14-23-14, NPK 15-15-15, urea, and DAP were all fixed at the single price of 12,000 FCFA / 50 kg bag and Burkina Phosphate at 25,000 FCFA / 50 kg bag.
Sales of commercial and subsidized fertilizers were lower this June than the previous month. With the decongestion of the port of Abidjan, the availability of fertilizer is expected to increase over the next 4 weeks, so sales should also improve at fertilizer dealers.

CÔTE D’IVOIRE The general trend of sales has been on the rise for NPK 0-23-19, for urea, for NPK 15-15-15 and for NPK 12-22-22.
In the north, the rains became irregular and decreased in intensity, slowing down several dealers who had started their fertilizer supply (mainly urea and NPK 15-15-15) from wholesalers. In the cotton sector, the irregularity of the rains resulted in the postponement of the first decade of seedlings to June 10th.

In the South, East and South-West zones, rains became intense and sales of NPK 0-23-19 cocoa fertilizer were up compared to the previous month despite decreasing cocoa farm gate prices. There were even stock-outs of NPK 0-23-19 in several stores.

GHANA Prices remained unchanged compare to the previous month in relation to the commercial market. Farmers are to pay 57.50 GHS for NPK and 47.50 GHS for Urea under the 2017 subsidy program.
Observations showed sales figures were on the ascendency and that was due to the setting of the rainy season.

Even though, farmers are to enjoy a 50% subsidy on fertilizer products, this year's subsidy program is likely to face some challenges. This is due to a look-alike program, by name “Planting for Food and Jobs” where interested farmers would be given inputs at 50% subsidized price (seeds and fertilizers).

MALI In Mali, sales of fertilizers remained low as producers waited to receive the ticket for technical guarantees that would enable them to acquire the subsidized fertilizers. On the other hand, there was a high sale of fertilizer compared to the previous month in the same cashew nut production areas, such as KOLONDIÈBA and DIOÏLA.

Fertilizer prices were stable compared to the previous month in most areas. However, there were exceptions in SEGOU and BANKASS where commercial prices for urea, NPK 15-15-15 NPK 16-24-12 + 4S and NPK 17-17-17 + 4S fell up to 24% from the previous months.

NIGERIA Several intervention programs apart from the National Subsidy program was ongoing in several states and helping to keep the prices of fertilizers in those locations stable. Almost nationwide, the NPK 20 10 10 which was supposed to go for 5500 NGN was being sold by agro dealers at 6000 NGN.  NPK 15 15 15 was very scarce in the markets with prices going as high as 8000 NGN in some states.

SENEGAL In Senegal, commercial fertilizers particularly urea, NPK 10-10-20, NPK 6-20-10, NPK 15-15-15, DAP, and NPK 15-10-10 were better sold during the period from mid-May to mid-June, with stable prices. Producers' organizations and producers waited impatiently for fertilizer to be set up in their respective areas. Most farmers' organizations are still waiting to receive campaign funds for bulk purchases.

TOGO The sale of fertilizer resumed during the month of June. Prices vary depending on whether or not they take into account the transport costs. Given the high cost of transportation, traders prefer to sell fertilizer in their stores in Lomé and surrounding areas, leaving customers to negotiate and pay for transportation costs directly.

WAEMU’s Regulation 14 comes into effect
In the coming weeks, fertilizer prices are expected to rise in francophone countries. WAEMU Regulation 14 on the axle tariff obliges importers to Lower the maximum load of fertilizer trucks, which increases the cost of transportation


International Fertilizer Prices through May 2017


Product (US$/ton, FOB bulk)
Urea (granular, Arab Gulf) 252 212 192 117
Urea (granular, Indonesia/Malaysia) 271 237 215 208
Ammonium Sulphate (China) 116 112 107 102
DAP (Baltic/Black Sea) 347 378 358 341
MAP (Morocco) 338 387 387 381
TSP (Tunisia) 280 283 283 283
MOP (Israel) 224 228 232 238
SOP (€, North West Europe) 435 435 435 435
NPK 16-16-16 (FSU) 255 271 268 262

Source: Argus FMB
Nitrogen: An atmosphere of uncertainty pervaded the industry conference in Morocco, as discussion focused on the mid-May rally in urea prices. Suppliers and buyers alike were unsure of, firstly, whether prices would continue to rise or, secondly, how long firmer price levels would persist. As a result, few new sales were concluded during the last 10 days of May.

Supply tightening for June loading, buyers requiring a load for this period, were forced to pay up, especially in the East.

The market east of Suez was much tighter than in the West; once India accounted for Arab Gulf spot tonnage, all that was left for June was relatively expensive Chinese urea or even more expensive Indonesian urea.

On the other hand, buyers in the West had a wider choice, with Russian granular and prilled urea still to be sold for June. Competition from US exports, North Africa and Arab Gulf contract cargoes in Brazil prevented any significant rise in prices. The US market has remained very weak, with suppliers pessimistic about the prospects for any price improvement through the summer months. Low prices for urea delivered in the US interior were acting as a restraint on Nola prices.

Phosphate: DAP/MAP markets begin to diverge. MAP traded in Brazil in the $370s/t cfr. OCP reported selling 40,000t at $375-377/t cfr. The Moroccans tried to bump up the price into the $380s/t cfr, but that was evidently too much for the Brazilian market.

Argentina also took MAP and TSP but price details remained sketchy. MAP was supposedly done around $370/t cfr.

Pakistan took two DAP cargoes ex-China in the low-$360s/t cfr, marginally down on last done business. It seemed likely a cut in the sales tax would offset the ending of the DAP subsidy. Further demand was expected for June and July although stocks were healthy currently.

In India, RCF awarded part of it’s DAP tender at a reported $361/t cfr while it emerged that GSFC bought from Midgulf. IFA saw many rumours of at least two deals, and possibly three, at $357/t cfr. While none of those deals was actually confirmed, traders reported offering at around that level.

In Bangladesh, the 450,000t DAP tender closed on 29 May and was dominated by Chinese producers. At least there was some clarity on the method of making awards, which would be as in previous years with lowest offers awarded in ascending order until the quota was filled.

Potash:The market was absorbing price increases in southeast Asia and Brazil.

Canpotex is targeting a $20/t price increase in Asia- Pacific, excluding China and India, for third-quarter shipments. Several suppliers report price offers at $250/t cfr for standard MOP in Malaysia and Indonesia, and one distributor said it was in the process of finalizing volumes at $250/t cfr. Whether the market would view the price hikes as reasonable remained to be seen, but suppliers were bullish that the new offers would be accepted as tender season took hold.

In Brazil, Canpotex said it sold a 35,000t cargo of granular MOP at $270/t cfr for June shipment. That follows BPC's April announcement that it had concluded a deal at the same price for June loading. The figure was deemed to be high by the market at the time, and no business had been reported at that level since, until today. Some suppliers have targeted $280/t cfr for July. Meanwhile, talks continued with the Chinese and Indian buyers and their suppliers. Expectations were for a June settlement in both cases.

Read more


The Africa Fertilizer Map  

The initiative (AFO) has contributed with the provision of data to the development of an Africa Fertilizer Map in co-operation with the International Fertilizer Industry Association (IFA), the African Fertilizer and Agribusiness Partnership (AFAP) and the International Fertilizer Development Center (IFDC) . 
The map displays the following data:
• trade flows of various fertilizer products into and from Africa
• consumption data and projections to 2020
• major plants and projects, ports, rail and truck facilities and main trade corridors in Sub-Sahara Africa
The map is an excellent tool to develop awareness and provide data on Africa, particularly on Africa Sub-Sahara, as well as profiling companies active in this key sector of fertilizer growth.

Please click on this link if you wish to view the map

Great Quest Fertilizers Ltd

Great Quest is a Canadian company, founded as a gold explorer operating out of Mali. The Great Quest team was encouraged by Malian government to explore opportunities in the Malian fertilizer market with the phosphate deposits in northern Mali. In light of that the company focused its investment on the phosphate and rebuilt the management team and Board of directors to develop a fertilizer company renamed Great Quest Fertilizers Ltd. They were then granted the Tilemsi phosphate concessions by the Malian Ministry of Mines. Their goal is to develop and manufacture farm ready fertilizers from African mineral deposits for African agricultural markets. Great Quest Fertilizer created a partnership with Malian Distributors GNOUMANI and SANGOYE and through this partnership they are working to launch a complex granule product in Mali, even before the opening of the Tilemsi mine in the country's north. To learn more click on this link

Story of agriculture and the Green Economy

This video, published by IFA, talks about the story of agriculture, the need to adopt a Green Economy and the importance of farmers in the realization of Green economy.


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Fertilizer News

NIGERIA: (June 02sd 2017) - The Edo Assembly has approved a $35 million loan request by the State governor, Godwin Obaseki, to boost agriculture. In addition, the assembly approved the governor's request to access the Federal Government Special Intervention on Fertilizer program…Read more

NIGERIA: (June 14th 2017) - The Edo Fertilizer Blending Plant is set to begin commercial production under the Godwin Obaseki administration. The plant has been revived and it targeted to produce 55,000 metric tons of fertilizer annually … Read more

GHANA: (June 19th 2017) - Farmers from the eastern regions will now have easy access to fertilizers with the opening of a fertilizer depot at Afram Plains by Yara Ghana Limited in collaboration with one of its distributors, Ransboat Company … Read more

BURKINA FASO: (June 20th 2017) - Co-financing of 33 billion FCFA for farmers in 302 townships - implemented by the Burkina Faso government and the World Bank through the National Land Management Program (PNGT-2, Phase 3). This investment will be used, among other things, to build fertilizers stores and purchase inputs … Read more


Up-Coming Events

West African Fertilizer Agribusiness 2017
Date: July 10 – 12 2017
Venue: Accra, Ghana
International Conference Organized by CRU & AFAP

The West Africa Fertilizer Agribusiness Conference is the second special collaboration between CRU Events and The African Fertilizer and Agribusiness Partnership (AFAP). Together, we aim to establish a series of forums focused on creation of fertilizer’ demand and agribusiness across Africa. In order to achieve this, discussions will take a holistic view of the agribusiness value chain to explore how the public and private sectors can partner to create viable fertilizer markets and boost demand in Africa.
Click here to join

African Green Revolution Forum
Date: September 4– 8 2017
Venue: Abidjan, Côte d'Ivoire
International Conference Organized by AGRA

This year’s AGRF is co-hosted with the government of Cote d’Ivoire and is being held for the first time in Francophone West Africa.
An expected 750 delegates, sponsors and speakers including heads of state, development partners, academia, investors, business leaders will share their insights on how to align, create and leverage financial, technical, policy and market expanding resources to develop game-changing and inclusive agribusiness models for Africa to counter the major challenges facing the agriculture sector on the continent.
Click here to register


Phosphate Fertilizer Production Technology Markets
Date: October 2 – 6 2017
Venue: Marrakech, Morocco
International Training Organized by IFDC & IFA

IFDC  is organizing a five-day training course for engineers working in the fertilizer industry, especially those who have recently taken on new responsibilities, to renew or increase their technical knowledge in the production of phosphate fertilizers and to make engineers familiar with the best production processes available in the industry. Previous workshops have also attracted other fertilizer industry experts, such as senior managers, senior managers, and those involved in the environmental and research fields, who all found the program useful. Entrepreneurs also benefited from the program. Click here to join
The West Africa Fertilizer Program is a five-year USAID-funded project that seeks sustainably improved agricultural productivity through increased regional availability and use of quality and appropriate fertilizer in West Africa. 

About is a global initiative facilitating the exchange of information on soil fertility, fertilizers, and good agricultural practices in Africa.
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