Fertiliser Market Report - 30/03/2012
Globally, the urea market is still firm as buyers in North America and Europe try to secure last minute tonnage. The market is short of urea for April, as strong demand from the US continues.
The weather conditions across much of the UK have been good and fertiliser application is heavily underway. Demand for urea at retail level has been subdued by the steady increase in prices in recent weeks but product is becoming increasingly tighter. Prilled urea prices have followed as demand increases in the UK.
Ammonium nitrate on-farm prices have also firmed and the spread between imported versus domestic product has narrowed. Imported AN demand has increased significantly over the past two weeks and stocks are low with many shipments due for April are already sold out. Replacement product will not arrive until late April.
Demand for NPKs is picking up significantly, particularly from the grassland sector in the west where farmers are looking for product for pre-Easter delivery. Due to good weather conditions over the past few weeks, phosphate demand in the UK is needed as quickly as possible and blenders are struggling to keep up with demand. Markets for DAP/MAP in Europe saw demand pick up early this week and volumes are moving from port warehouses inland in greater volumes.
The sulphur market remains firm in the UK with product very tight. Gleadell still have a small tonnage of PIAMON (33N + 30SO3) available for immediate delivery. Please contact your local Gleadell Farm Trader for more information.
No comments posted yet. Be the first to post a comment
Please enter your name
Please enter your comment
Your comment submitted successfully.Please wait for admin approval.
Some error on your process.Please try one more time.
Butchers in the UK are losing a generation through lack of training opportu...
NASA research has revealed how dust blown from the Sahara desert helps supp...
“In the run up to the Budget 2015 most commentators were predicting that th...
The UK’s first fully operational floating solar panel system has been unvei...
Axing the badger cull in England and Wales will save more than £120 million...
By 2025, solar power could become one of the cheapest forms of energy in ma...
Demand for Scottish farm land remains strong and continues to be better val...
The Welsh red meat industry should aim to increase sales by at least 34 per...
Fears about the impact that a proposed transatlantic trade agreement could ...