July 2016 Edition


Welcome to FertiNews, as always, we appreciate the opportunity to keep you abreast with useful information on regional and international prices, market trends as well as news and upcoming events in the fertilizer industry.  Enjoy reading!

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Regional Fertilizer Retail Price Summary - June 2016

Commercial Market Prices (com) vs. Subsidized Prices (sub)
Product (US$/ton)
592 613 470 437 444
434 373   254 275
516 561 517 472 492  
408 373   275  


In Cote d’Ivoire sales improved in the month of June compared to the month of May.  NPK 15-15-15 + 6S + 1B and urea were mostly sold in the Northern region. NPK 15-15-15 fertilizer was highly sold in Northern and West-Central regions. The sales of NPK 0-23-19 fertilizer improved in the Eastern, Southwest and Western regions of the country. Rain has started in the country and currently it is very intense. 
In the cotton zone, urea and NPK 15-15-15 + 6S + 1B which are granted on credit to farmers are being sold by some beneficiaries on the parallel market at a price almost equal to commercial products. Thus, prices of commercial urea and that which is granted on credit to farmers and resold on the parallel market varied between 14,500 to 16,000 FCFA.
In comparison to the month of May in Burkina Faso, sales improved in the West-Central and Southwest regions for NPK 14-23-14 fertilizers, and in the Central and Northern part of the country for NPK 15-15-15. However the sales trend remained unchanged for NPK 14-23-14 fertilizers in the Eastern regions and for urea at the Northwest and Southwest of the country.
The commercial price of urea was between 17,000 FCFA and 18,000 FCFA per bag of 50 Kg, cereal fertilizer NPK 15-15-15 sold at 19,000 FCFA per bag of 50 Kg and NPK 14-23-14 varied between 19,000 FCFA and 20,000 FCFA.
In Mali, the sales trend for DAP, NPK 15-15-15, NPK 17-17-17 and urea remained unchanged in the Central region of the country as compared to May. The commercial price of urea ranged from 12,500 FCFA to 18,000 FCFA per bag of 50 Kg, the price of cereal fertilizers NPK 15-15-15, 16-16-16 NPK and NPK 17-17-17 was from 17,500 FCFA to 20,000 FCFA per bag of 50 Kg, the price of NPK 16-24-12 ranged from 16,500 FCFA to 18,000 FCFA per bag of 50 Kg and the price of DAP fertilizer varied between 17,000 FCFA and 22,000 FCFA per bag 50 Kg.
In Senegal, initial rains have been recorded in the Southern zone of the country (Ziguinchor, Sedhiou and Kolda regions). Rice is the main food crop while sesame, peanuts and tree cultivation etc. are the main cash crops. In this part of the country, farmers have started their farming activities. It should be noted that despite the start of the rainy season in this area, fertilizer orders with suppliers have not fully began compared to the previous month. Most shops in the Central had their prices reduced for a 50kg bag of NPK 6-20-10, (from 1000 FCFA to 500 FCFA).
In Nigeria, fertilizer price increases were still observed mainly from the Southern zone following the trend from May. This time, suppliers are complaining of lack of forex from official sources and are compelled to source from the parallel market that is over 50% higher than what pertains with the official window of the Central Bank of Nigeria. Kaduna, Bauchi, Kano and Jigawa States bought fertilizer and selling at attractive rates forcing prices to reduce in the Northern part of the country compared to Southern Nigeria.

International Fertilizer Prices through June 2016


Product (US$/ton, FOB bulk)
Mar '16
Apr '16
May '16
Jun '16
Urea (granular, Arab Gulf) 231
Urea (granular, Indonesia/Malaysia)  207
Ammonium Sulphate (China)
DAP (Baltic/Black Sea)
MAP (Morocco)
TSP (Tunisia)  315  313
MOP (Israel)  239 240
SOP (€, North West Europe)
 494  488
NPK 16-16-16 (FSU)
 318  315
Source: Argus FMB
Nitrogen - East of Suez, there is limited spot trade and prices are fairly stable. Chinese urea changed hands at about $201/t FOB at the end of June. Stocks in ports are reckoned around 300-400,000t, but there were still one or two cargoes to load for India from the last tender so availability of the product was even less than it appeared. North African prices still hovered in the low-$190/t FOB. Algerian offers - $190/t FOB were not accepted for end-June loading. Egyptian offers were still above $190/t FOB, but Abu Qir scrapped a tender after receiving bids at $180/t FOB. Producers in Egypt were yet to find out the gas supply situation for July – depending on how much is made available to factories, there are likely to be further exports. On the other hand, Indorama Company will load the first export cargo of granular urea from its new plant at Port Harcourt in Nigeria in July, having negotiated the sale of 20,000t for South America. Its dedicated berth is capable of loading up to 8,000t/day. The 4,000t/day plant achieved on-spec production earlier in June and is producing well.
Phosphate - Globally, the phosphates market continues to trade sideways to slightly down but liquidity continues with close to 500,000t DAP/MAP trading through June ending. Turkey and Argentina booked fresh cargoes.
West of Suez, OCP made a direct DAP/MAP sale to Argentina in the mid $350/t and placed additional MAP into Brazil at prevailing levels. EuroChem reported substantial June-July sales also for Brazil at $350$/t. Exchange rate volatility and a sharp fall in the value of the pound against the US dollar are the greatest near-term challenges for fertilizer importers and sellers in the wake of the UK's vote to leave the EU. Sellers began withdrawing offers in the run-up to the June 23 referendum and stayed out of the market as the result of the vote triggered by renewed volatility in currency markets.
Potash -  After a wait of six months, the global potash market got its first benchmark price of the year. Belarus’ BPC agreed to supply leading Indian importer IPL with 700,000t of MOP at $227/t including 180 days' credit for the 2016-17 contract term, representing a decline of $105/t on last year's headline price. Shipments started from 1 July 2016 and will run until the end of June 2017. This price is the lowest Indian contract level for 10 years and some suppliers, such as Uralkali and Canpotex, stated they were not ready to simply follow it. It remains to be seen how long they will maintain this stance considering that one substantial contract has already been fully confirmed. OCP booked 20,000t of standard MOP from BPC at an undisclosed price for end-August/early-September shipment. OCP is understood to require around 60,000t in total for 3Q delivery... Read more

Click here to access Argus FMB's report on - Sub-Saharan Africa Fertilizers: Resources, Markets, and Logistics

Is increasing inorganic fertilizer use in Sub-Saharan Africa a Profitable Proposition? – Evidence from Nigeria

Inorganic fertilizer use is considered low in Africa and many reasons have been given to explain this. These include limited availability of inputs, imperfect markets, lack of agronomic knowledge and economies of scale in supply, riskiness and credit constraints. Read this World Bank Report published in 2015 to get more details about the challenges and their solutions. Click to download full publication

Tropic Agro Chem (TAC)
Tropic Agro Chem (TAC) is a company incorporated under the laws of Burkina Faso specializing in the marketing and distribution of fertilizers, agricultural seeds, pesticides and agricultural equipment. Created in 2006 with a dynamic staff made of engineers, technicians and control agents, TAC has progressed to be among the leaders of agribusiness in the sub-region. Present on the Burkina Faso fertilizer market for about ten (10) years, TAC has extensive experience in the distribution of its products and stands today as one of the key players of the green revolution in West African sub-region... Visit Tropic Agro Chem website 


ECOWAS Member-Sates Share Experiences on the Adoption and Implementation of Harmonized Regional Regulations

Forty-three representatives of public fertilizer regulatory bodies in West Africa met at a regional workshop in Abuja, Nigeria to share knowledge and experiences on the processes for adopting and implementing the harmonized regional fertilizer regulation in their respective ECOWAS member countries. The two-day meeting which took place on the 21st and 22nd May, 2016, was jointly organized by the USAID-funded West Africa Fertilizer Program (WAFP) and the Department of Agriculture and Rural Development of the ECOWAS Commission... Read More


Soil Fertility in Africa
This video of 2SCALE, a project of IFDC (International Fertilizer Development Center), explains the importance of combining organic resources, mineral fertilizer and improved varieties in ways that are adapted to local conditions. Practical examples are shown from various agro-ecological zones in Mali, Niger, Nigeria, DR Congo, Burundi and Kenya.

Connect With Us

Fertilizer News

Cote d’Ivoire: (7 – 9 June 2016) For the first time ever, in collaboration with USAID West Africa Fertilizer Program, organized a joint workshop for representatives from Burkina Faso, Cote d'Ivoire, Mali and Senegal. The workshop which was held in Cote d’Ivoire from 7 – 9 June 2016 was to validate 2015 fertilizer statistics for the four countries... Click to download the full report
Mali: (1 July) - L’Observatoire du Marché Agricole (OMA) organized a workshop on the theme “Diagnosis of the agricultural inputs sector and the legal framework of inputs in Mali: the case of fertilizers”. The workshop reviewed the state of fertilizers in Mali, the rules governing quality control and marketing of fertilizers within UEMOA / ECOWAS countries... Read more

Nigeria: ( June 28, 2016) - Superphosphate Fertilizer and Chemicals Limited, Fertilizer and Chemicals Limited, Indorama Petrochemical Plant and TAK have partnered to produce fertilizers suitable for Nigerian soils... Read more
Nigeria: ( June 14, 2016) - Governor Aminu Waziri Tambuwal announced that the government of the state of Sokoto has subsidized the cost of fertilizer by 70 percent to enable farmers enhance production... Read more



Up-Coming Events

Linking farmers to markets in Africa (in French)
Date: 5 - 9 September 2016
Venue: Abidjan, Cote d'Ivoire
Organized  by: IFDC
Join this 5-day training intended for professionals in the private and public sector with a particular interest in the connection between farmers and markets... Read More


Africa Fertilizer Agribusiness 2016
Date: 10 – 12 October 2016
Venue: Dar es Salaam, Tanzania
Organized by AFAP in collaboration with CRU

The event will focus on the role of fertilizers within African agribusiness and how the African agricultural industry can work with international partners to strengthen and improve its agricultural output... Read More

Argus Africa Fertilizer Directory- List now your business for free!
Argus is collaborating with IFDC to bring together the African Fertilizer Industry in the directory which will help companies from all over the world to interact and do business with Africa.

Click here to fill in this short registration form and add your company to the 800+ companies already listed!
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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