Fertilizers, Chemicals
May 12, 2025
Platts proposes changes to 5 phosphate assessments July 3
Platts, part of S&P Global Commodity Insights, is proposing to amend the specifications of five phosphate weekly price assessments, effective July 3, 2025.
The proposed changes would further tighten the assessment specifications in order to provide greater clarity and transparency.
Under the proposal, a basis location and quantity specification would be specified for each of the assessments to provide a more precise assessment of market value. Platts would normalize information to this point where necessary. At present, the weekly assessment reflects a minimum 6,000 mt clip size.
Platts also proposes changing the timing specification to loading 5 to 30 days forward to provide a more precise assessment of market value. Platts would normalize information to this point where necessary.
Platts is also proposing the launch of a single number "close" value for each of these assessments, with standardized high and low ranges $1/mt above (high) and below (low) the close value.
The revised specifications for the assessments would read as follows:
| FDPBB04 -- Diammonium Phosphate Bulk FOB Morocco $/mt Wkly |
| · Quality: DAP with nitrogen content of 18% and a standard P205 content of 46% |
| · Quantity: Basis 45,000 mt to 55,000 mt |
| · Basis and location: FOB Jorf Lasfar, Morocco |
| · Timing: Loading 5 to 30 days forward |
| · Frequency: Weekly, every Thursday |
| · Appears in: Phosphate Market Report |
| · Unit of assessment: US $/mt |
| · Timestamp: 16:30 London close, published according to the London publishing calendar |
| FDPBE04 -- Diammonium Phosphate FOB Saudi Arabia $/mt Wkly |
| · Quality: DAP with nitrogen content of 18% and a standard P205 content of 46% |
| · Quantity: Basis 45,000 mt to 55,000 mt |
| · Basis and location: FOB Ras Al Khair, Saudi Arabia |
| · Timing: Loading 5 to 30 days forward |
| · Frequency: Weekly, every Thursday |
| · Appears in: Phosphate Market Report |
| · Unit of assessment: US $/mt |
| · Timestamp: 16:30 London close, published according to the London publishing calendar |
| FDPBF04 -- Diammonium Phosphate FOB Jordan $/mt Wkly |
| · Quality: DAP with nitrogen content of 18% and a standard P205 content of 46% |
| · Quantity: Basis 45,000 mt to 55,000 mt |
| · Basis and location: FOB Aqaba, Jordan |
| · Timing: Loading 5 to 30 days forward |
| · Frequency: Weekly, every Thursday |
| · Appears in: Phosphate Market Report |
| · Unit of assessment: US $/mt |
| · Timestamp: 16:30 London close, published according to the London publishing calendar |
| FGTSB04 -- Granular Triple Superphosphate Bulk FOB Morocco $/mt Wkly |
| · Quality: TSP with a standard P205 content of 46% |
| · Quantity: Basis 45,000 mt to 55,000 mt |
| · Basis and location: FOB Jorf Lasfar, Morocco |
| · Timing: Loading 5 to 30 days forward |
| · Frequency: Weekly, every Thursday |
| · Appears in: Phosphate Market Report |
| · Unit of assessment: US $/mt |
| · Timestamp: 16:30 London close, published according to the London publishing calendar |
| FMAPB04 -- Monoammonium Phosphate Bulk FOB Morocco $/mt Weekly |
| · Quality: MAP with nitrogen content of 11% and a standard P205 content of 52% |
| · Quantity: Basis 25,000 mt to 30,000 mt |
| · Basis and location: FOB Jorf Lasfar, Morocco |
| · Timing: Loading 5 to 30 days forward |
| · Frequency: Weekly, every Thursday |
| · Appears in: Phosphate Market Report |
| · Unit of assessment: US $/mt |
| · Timestamp: 16:30 London close, published according to the London publishing calendar |
The assessments appear in Platts Connect, the Phosphate Market Report, the World Fertilizer review, and the Platts price database.
Please send any feedback, questions and comments about this proposal to fertilizer@spglobal.com, and pricegroup@spglobal.com by May 26, 2025.
For written comments, please provide a clear indication if comments are not intended for publication by Platts for public viewing.
Platts will consider all comments received and will make comments not marked as confidential available upon request.