Phospates production cuts helped 'stabilise prices'
The market remains firm and producers are comfortable for the foreseeable future.
Demand into Europe continues as application starts.
There has been no improvement in the gas supply position in North Africa. Further export availability continues to be cut by increased domestic commitments.
There is more demand still to surface so little reason why prices will weaken in the short term.
Moving into April/May could be more interesting though once US and European demand subsides.
Ammonium Nitrate/ Sulphur
The replacement value of Imported AN in the UK moves up, reflecting further strengthening of the EURO vs. the UK £.
Yara have moved CAN prices up in Europe.
GrowHow still holding prices but these are under constant review so do present a buying opportunity today.
Ammonium Sulphate is also firm with limited availability in the UK and Europe for March.
Continued production cuts have helped to stabilise prices.
Fresh buying interest from Europe and several South American markets has surfaced.
Values would appear to have now turned a corner and for the first time in months are showing definite signs of a recovery.
Demand will arrive from India which will only help the recovery.
TSP values are at a three year low so should be considered today.
Prices have bottomed out, producers have increased prices for Muriate of Potash with immediate effect.
The outlook is for firming prices as spring demand increases.
Proposals for the new Potash mine in North East England took another step forwards this week, as plans were submitted to the North York’s National Park.
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.
The permanent eradication of Bovine Viral Diarrhoea [BVD] in Scottish cattl...
The abolition of milk quotas in Europe on 1st April has resulted in a numbe...
The top 14 milk producing countries in Europe will increase their productio...
Matt Ware is the NFU's head of government and parliamentary affairs, based ...
There is a 'desperate need' to improve farmgate returns given low incomes a...
Rapid stem extension, after a slow start to spring, is likely to create spl...
The time has come for landlords to expect to see reductions in farm rents, ...
Cogent’s reputation as a source of the highest calibre sires has been enhan...
The spread of exotic and aggressive strains of a plant fungus is presenting...