28 January 2015 | Online since 2003



Fertiliser Market Report - 17th August 2012


Calum Findlay, Gleadell’s fertiliser manager, comments on fertiliser markets:

Urea

The global urea market has remained quiet this week with price sentiments cooling following less nearby demand from the US. The signals are that we will see granular prices at origin correct down for new business, already down $10–15/t this week but, with a fresh Pakistan purchase tender for 300,000 tonnes expected in early September, support may be not so far away.

Traders want to buy at lower values for October/December shipments and watch the market with interest, any significant dip in prices will definitely be a buying opportunity as all are sure that, with a slow start to the campaign, demand in the EU will certainly outpace supply in Q4.

Prilled urea prices have also lowered slightly due to a sale into Brazil - these new levels may encourage more buyers into the market. Producers are trying to hold out for their original price ideas but, to encourage more buying, they will now have to consider the lower numbers on offer today from buyers from both Europe and the UK to achieve sales in what is a quiet market.

Ammonium Nitrate

In the Baltic and Black Sea, AN business remains slow because of a lack of consensus between buyers and sellers. In Europe, traders still have sufficient stocks and sales continue at the slow pace seen over the past few months. In the UK, producers plan to increase AN prices by £4/t from 1 September to £300/t DEL to farmers, as farmers continue to focus on combining this is likely to have little effect.

Phosphates

The global phosphates market is very slow. More demand seems to be emerging from Latin America, which is keeping export prices stable and interest from India and Pakistan is expected to prompt buyers back to the market. Phosphate demand in the UK remains steady and is likely to increase as OSR growers start to turn attentions to autumn drilling.

Potash

Activity in the global potash market remains dull because of a lack of direction. Buyers across markets are awaiting clarity on the Chinese settlement price before they finalise major purchases.

Download



Comments


No comments posted yet. Be the first to post a comment

To post comment without approval login or register

Display name

Please enter your name

Email (optional)
Comment

Please enter your comment

Post Comment

Your comment submitted successfully.Please wait for admin approval.

Some error on your process.Please try one more time.



Jobs


7 January 2015
Stud Hand
Person required to assist on a busy Thoroughbred Stud Farm. Experience with Thoroughbred mares, foals and youngstock would be...

12 January 2015
Chef
For example, nut, dairy or wheat allergies. We currently have an excellent opportunity for a Chef to join our busy team....

17 January 2015
Machine Operator /Workshop Technician
Engineer – Engineering – Low Carbon – Manufacturing – Administrative – Administration - Admin - Purchase Ledger - Accounts - ...

7 January 2015
Band 7 Service Manager
It comprises Barnet Hospital, Chase Farm Hospital, the Royal Free Hospital and more than 30 services in the community....

21 January 2015
Business Admin Apprentice with HR The Co-Operative CDC Avonmouth
You can come to us for apprenticeship training in a wide range of occupations including– Agriculture, Apparel, Arboriculture,...




Top stories you may have missed
12 November 2014 | Arable
GM crops 'good for farmers and the envir...

GM crops 'good for farmers and the envir...

GM crops are good for the economy and can reduce the amount of pesticides u...


6 November 2014 | Cattle
Smaller European markets drive beef expo...

Smaller European markets drive beef expo...

Demand from smaller European markets has helped drive strong growth for UK ...


6 November 2014 | Agri Safety
Lack of engineers a 'ticking time bomb' ...

Lack of engineers a 'ticking time bomb' ...

A lack of engineers, not enough people promoting the land-based industries ...


4 November 2014 | Bees and Beekeeping
Bee action plan due: Last chance for bee...

Bee action plan due: Last chance for bee...

Environment Secretary Elizabeth Truss is launching the National Pollinator ...


4 November 2014 | Arable
Experts welcome financial boost for youn...

Experts welcome financial boost for youn...

Agricultural specialists have welcomed a potential financial boost for youn...


3 November 2014 | News
Supermarket competition on prices 'risks...

Supermarket competition on prices 'risks...

As retailers continue to participate in a highly competitive race to the bo...


31 October 2014 | Arable
New Defra farm figures 'underline volati...

New Defra farm figures 'underline volati...

New farm business income data from Defra, which focus on income from March ...


30 October 2014 | Agri Safety
Agriculture remains one of UK's most dan...

Agriculture remains one of UK's most dan...

Agriculture has remained one of the industries in which workers are most li...


29 October 2014 | Finance
UK farmland prices see 'substantial grow...

UK farmland prices see 'substantial grow...

Prime arable land in the UK has seen a substantial year-on-year growth in p...


27 October 2014 | Arable
Satellites to help farmers pinpoint dise...

Satellites to help farmers pinpoint dise...

A new mobile app for farmers able to pinpoint and identify disease, pests a...