29 May 2015 | Online since 2003



Fertiliser Market Report - 7th July 2012


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

Nitrogen

The global urea market is still looking for direction. Black Sea prices have traded firmer this week, which is supporting suppliers’ price ideas for the time being and forward paper market values have increased. More interest from Latin America has also appeared and there are a lot of discussions on summer turnarounds in the CIS which will take place at some stage.

If more buying sets in from traders who want to position themselves, we could see a rebound, but this remains to be seen. A new tender in Egypt for 25,000 tonnes of granular product today will help to give a better indication, but US urea prices historically do track the price of US corn, which is currently sky high and looking set to go firmer. So perhaps current values may be a buying opportunity.

Ammonium Nitrate

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. The UK nationals were planning to increase prices by £4/t from July but it is unclear when, or even if, these new price changes will be released and the current wet weather continues to dampen any buying enthusiasm.

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/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


26 May 2015
General farm worker /stockman. Job - to work on upland beef and sheep farm in Mid Wales.Could start sooner if more convenient.
Duties will include working with suckler cows and sheep. Some experience with stock required but must be enthusiastic and wil...

10 May 2015
Job for an Assistant herdsperson on 420 cow dairy farm in Gloucestershire.
We have a closed herd of 420 cows and require an assistant. The Friesian Holstein cows calve all year around and are mil...

29 May 2015
Junior Category Manager
An exciting new career opportunity has arisen for a Junior Category Manager to join a leading supplier of products and servic...

1 July 2015
Harvest Positions/Tractor Drivers/Grain Dryer Jobs in Cambridgeshire
Opportunities to join a young team on a 4000 acre arable farm for the harvest and seeding period. Jobs to include corn c...

24 May 2015
Milkers and Tractor drivers required for jobs in Carmarthen
Large dairy farm milking 2,200 cows,are looking for experienced milkers. You must speak English.  Also required, Tractor...



Top stories you may have missed
15 May 2015 | Arable

Scotland’s Rural Affairs Secretary Richard Lochhead is calling on the Europ...


15 May 2015 | Finance

As the country settles down following the turmoil of the general election, ...


14 May 2015 | Animal Health

New research from the Universities of Bristol and Cambridge has found that ...


13 May 2015 | Animal Health

A new publication to help farmers prevent sheep lameness and offer advice o...


12 May 2015 | Agri Safety

The Farmers’ Union of Wales is putting the spotlight on Liver fluke at next...


5 May 2015 | News

The UK is now third in the global rankings for utility-scale solar energy a...


29 April 2015 | Agri Safety

A recent Rural Watch demonstration and information event gave Farmers’ Unio...


24 April 2015 | Meat Processing

Retailers should confirm their commitments to sourcing UK lamb this season,...


15 April 2015 | Meat Processing

A leading retailer has apologised after selling imported lamb in a Borders ...


9 April 2015 | Finance

The time has come for landlords to expect to see reductions in farm rents, ...