FINWIRES · TerminalLIVE
FINWIRES

Market Chatter: Indonesia to Export About 1 Million Tonnes of Fertilizer Due to Domestic Surplus

-- Indonesia is in discussion to export nearly 1 million tonnes of fertilizer to India, the Philippines, Thailand and Brazil due to domestic surplus, The Star reported Wednesday, citing Cabinet Secretary Teddy Indra Wijaya's presidential office statement.

The plan follows an earlier commitment to supply 250,000 tonnes of fertilizer to Australia. The country produces about 7.8 million tonnes of urea fertilizer annually against the domestic demand of 6.3 million tonnes, leaving a surplus available for export, according to the report.

The move will balance domestic supply needs while expanding overseas markets amid shifting global fertilizer demand, the news outlet reported.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Related Articles

Australia

Keurig Dr Pepper Delivers Solid Quarter to Start 2026, RBC Says

Keurig Dr Pepper (KDP) reported strong Q1 results to start 2026,with US Refreshment Beverage as the standout segment, RBC Capital Markets said in a Friday note."Fundamentals remain solid and the business is progressing in-line with mgmt's plans," the report said.After closing its acquisition of JDE Peet on April 1, the firm still targets operational readiness for the coffee business separation by the end of 2026, with official separation likely to happen in early 2027, the report said."We continue to believe that the stock is undervalued," the note said. RBC kept its $42 price target and outperform rating.Price: $28.91, Change: $+0.38, Percent Change: +1.33%

$KDP
International

St. Louis Fed US Q1 GDP Nowcast Estimate 2.442% Gain vs Previous 2.274% Gain

Australia

Getty Realty's Tenant Base 'Healthy' Despite Higher Energy Prices, RBC Says

Getty Realty's (GTY) tenant base remains "healthy" amid higher energy prices, and the company looks funded on the equity side into 2027, RBC Capital Markets analysts said in a Friday note.The company noted that fuel-exposed tenants have largely managed to hold fuel margins despite rising gas prices, with any lost margins likely to be recovered once oil prices drop, the analysts said.RBC said the company reported "solid" Q1 financial results, with its adjusted funds from operations per share beating expectations.The analysts said that Getty has about $125 million in investments under contract and that the pipeline continues to lean more towards development funding, but noted that more traditional sale-leaseback acquisitions are included as well.RBC retained a sector perform rating on the stock and increased its price target to $35 from $33.Price: $34.15, Change: $+0.39, Percent Change: +1.16%

$GTY