03 March 2015 | Online since 2003



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



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


12 February 2015
HR Coordinator - Maidenhead
Provide daily ad-hoc administrative support to the Business Unit Director and HR Managers e.g. filtering calls, typing letter...

2 March 2015
Business Development Officer
They provide cost effective recruitment services for the entire agricultural and horticultural industry, from a General Farm ...

26 February 2015
Lean Coordinator
Home to some of the UK's leading dairy brands, including Cravendale, Anchor, Lurpak and Tickler, Arla Foods is the UK's numbe...

26 February 2015
milker /gfw
Release milking and general farm work To m ilk 250+ cows in 32/16 auto ID parlour, wash down, scrape yards, assist with feedi...

21 February 2015
Experienced Grower 25773
We are looking for an Grower to work on the farm near Grange over Sands in Cumbria. Our client is an award-winning restaurant...




Top stories you may have missed
2 February 2015 | Arable
Is EU membership damaging UK farming?

Is EU membership damaging UK farming?

Membership of the EU is damaging the British farming industry, according to...


29 January 2015 | Machinery and Equipment
Drones 'rapidly changing' agriculture

Drones 'rapidly changing' agriculture

BASIS has launched an accreditation for pilots of Unmanned Aerial Systems (...


23 January 2015 | Arable
UK wheat yields have potential to double

UK wheat yields have potential to double

UK wheat yields have theoretical potential to more than double over the nex...


23 January 2015 | Machinery and Equipment
Crowds flock to LAMMA 2015

Crowds flock to LAMMA 2015

Britain’s farmers flocked to Peterborough for the first day of LAMMA’15 to ...


22 January 2015 | Cattle
Don't blame supermarkets for milk crisis...

Don't blame supermarkets for milk crisis...

The crisis in the dairy industry is not the fault of supermarkets, accordin...


16 January 2015 | CLA
Families affected by HS2 face 'major wor...

Families affected by HS2 face 'major wor...

Transport Minister Baroness Kramer visited three rural businesses in Cheshi...


16 January 2015 | Machinery and Equipment
John Deere unveil new 6R tractor range

John Deere unveil new 6R tractor range

Spearheading the John Deere range of mid-size tractors from Mannheim, the n...


14 January 2015 | Animal Health
Monthly TB checks more effective than ba...

Monthly TB checks more effective than ba...

Regular testing for bovine TB could significantly reduce the number of infe...


12 January 2015 | News
Government regulations hampering UK agri...

Government regulations hampering UK agri...

Single-issue policy-making threatens to hamper, not help, the progress of U...


8 January 2015 | Cattle
2015: The year ahead for the beef market

2015: The year ahead for the beef market

2014 has been a “rocky old year” for the beef industry but better prices ar...