Auto Trader Ltd
Farminguk
25 June 2016 | Online since 2003
Less co2 Limited


29 June 2012 13:23:16|News,Slurry and Irrigation

Fertiliser Market Report - 29th June 2012


Calum Findlay, Gleadell’s fertiliser manager, comments on fertiliser markets:
Nitrogen
At the beginning of the week the global urea market was still looking for a floor. Pakistan tendered on Monday, buying only 100,000mt and the market continued to move downwards until it found some support yesterday.
There are no indications that there is still room for further declines, but the demand outlook does remains weak for the time being.
India are yet to announce a fresh tender and Latin American buyers are on the side-line which could see a possible rebound in the market if tonnages of 1-1.5 million tonnes are exceeded. The current market situation certainly provides growers with a buying opportunity and Gleadell would recommend that some cover is taken for a September/December delivery.
Ammonium Nitrate
Ammonium Nitrate demand is slow for UK product and imported material with prices remaining stable. The global situation is weak for ammonium nitrate and we could see producers cutting back on shipments to increase demand and push levels higher.
Phosphates
The phosphates market has slowed down its momentum and currently seems subdued compared with the last few weeks. There has been little new global business concluded this week on quiet demand, however, there is still DAP demand in India, but buyers are unwilling to pay the high prices being asked by producers. Chinese sellers are firm on their price ideas of at least $560 per mt but Pakistan and Bangladesh are quiet at present, while Latin American buyers have also stepped out of the market.

Download



0 Comment


Name

Please enter your name


Email

Comment

Please enter your comment


Post Comment

Your comment submitted successfully.Please wait for admin approval.


Comments

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


Netherlands | 24 June 2016
Dutch crops grown on 'Mars' soil found safe to eat

Dutch scientists said Thursday crops of four vegetables and cereals grown on soil similar to that on Mars have been found safe to eat, amid plans for the first manned mission to the planet. Abundan...


Canada | 24 June 2016
Canadian farmers' percentage equity increase

Equity in Canada’s farm sector was up almost 6 per cent at the end of last year from the year before. However, Statistics Canada points out that’s the smallest percentage increase since 2009. Th...


France | 24 June 2016
Inside Europe: Is China changing the face of rural France?

In France, farms have often been in the same families for generations. But that's begun to change for agricultural communities in Berry, a cereal growing region in the center of the country. C...


Australia | 24 June 2016
Drought forces Queensland cattle to head to South Australia

The ongoing drought in Queensland is forcing graziers to send their cattle nearly 2,000 kilometres away from home on agistment. The Walker family from Cumberland station, near Barcaldine in central...


Congo | 24 June 2016
A potential agricultural powerhouse for Africa

The Democratic Republic of the Congo is the second largest country in Africa, after Algeria, but unlike the arid north African state, the DRC is endowed by nature with forest that covers two-thirds of...



Trending Now

Viewed
Discussed

Farms and Land for sale

PropertyLocation
PropertyAgent
PropertyMinimumPrice
PropertyMaximumPrice
PropertyCategory

Holiday Rentals search

AccommodationKeyword
AccommodationType
AccommodationCounty
AccommodationStarRating


Top stories you may have missed
closeicon
Username
Password