27 January 2015 | Online since 2003



Fertiliser market report - 31st August 2012


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

Urea

After a correction in urea prices over the past few weeks, recent tenders have elevated the market once again. Globally, the urea market is unsure on which direction to take, however, last week saw Pakistan buy 300,000mt, and today sees another Indian urea tender.

Whilst quantities are unknown, it is understood that they have over a million tonnes still to buy. The outcome could be a decider on which way the market will steer over the next few months, and many traders believe that the prices today will determine the levels to be seen until the end of the year. In Europe and the UK, activity remains low as harvest continues and buyers sit on the sidelines.

Ammonium Nitrate

Globally, small shipments of AN are being traded into a market that is still very slow and prices have not altered significantly for many weeks. Some producers have factory turnarounds and are reporting that stocks are tightening which will help to support prices once we see the autumn market start to run.

In the UK, national prices will rise by £4 per tonne from 1st September but, compared to the price in September 2011, ammonium nitrate still remains approximately £30 lower than last year so remains an excellent buy considering where grain prices are today.

Phosphates

The global phosphates market has remained subdued up until now. There are signs that activity is picking up, and this is likely to increase as we enter September. Pakistan is rumoured to have stepped back into the phosphates market, as demand increases due to replanting to recoup losses following heavy monsoon rains. In Europe, the market remains slow, but there are expectations that buying activity will pick up also as we enter September. New shipment prices for September are around similar prices seen today on farm.

Potash

It has been another quiet week for the potash market, as most market participants are on summer or Ramadan holidays. Prices have remained stable with little fresh interest from Europe, however, the confidence from European market participants could be changing. Overall fears that prices could decline have kept buyers cautious this quarter.

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


13 January 2015
General Manager - Barcelona
You must have a degree or diploma in agriculture and at least 10 years commercial experience in the agricultural sector and b...

5 January 2015
Customer Assistant(Nights) - Dairy Replenishment - Full Time
The Customer is at the heart of everything we do. It s your responsibility to ensure: Customers get the finest shopping journ...

20 January 2015
Field Service Engineer - Agricultural Machinery
The vast majority of the role will be traveling to customer sites on a UK wide basis, these are predominantly working farms.....

22 January 2015
Energy and Process Improvement Consultant
Our clients include leading players in the food, brewing, dairy and public sector. Qualifications & Experience:....

7 January 2015
Power Networks Engineers
Offshore or Onshore Wind Farm electrical design. Travel to other company sites may be necessary. Power Networks Engineers....




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...