TMMF Ltd
Farminguk
02 July 2016 | Online since 2003
OvoConcept


26 April 2013 18:05:02|

Fertiliser Market Report - 26th April 2013


Calum Findlay, Gleadell’s fertiliser manager, comments on fertiliser markets:
As crops continue to advance after a very slow start, things are now starting to look more positive as the weather improves.
All crops are four to six weeks behind in growth stages and fertiliser demand mirrors this delay with growers only purchasing when required, taking a ‘little and often’ approach to application to encourage backward plants to grow.
This buying trend does make executing movement very difficult for suppliers as orders are required immediately and are very often not full loads. UK prices are very inconsistent due to this sporadic demand, which looks as though it will continue.
Urea
Although it is typically late in the season for urea demand, in the UK buying is still evident as global levels continue to correct downwards. Prices for granular urea have taken a downward dive after a sale this week into India at $20 below last trades.
It is important to remember, however, that although this shows a negative trend to the world market, in the UK we are weeks behind this trend and there are few stock positions that will help to support prices in the short term. Attention will soon turn to the next campaign; any further dips in pricing will start to attract buyers.
Ammonium Nitrate
AN prices in the UK have slowed and are stable, not really showing any signs of firming further. It seems that the price seen today on both imported and UK will remain static throughout the April/May period, with imported AN still trading in the region of £295-£303/t and UK still achieving £306-£310/t delivered to farm.
Manufacturers appear to be in no hurry to discuss a new season correction, preferring instead to concentrate more on demand that will surface in the coming weeks, particularly in the west onto grassland.
Phosphates
UK demand is currently strong for DAP/TSP as maize and cover crops are being drilled. Prices remain slightly weaker due to competitive pricing and there is very little activity worldwide. Many large global buying countries are awaiting firm indications of forward pricing and the end of a delayed winter season. Both China and US markets are expected to kick off the next buying season soon.
Sulphur
Strong UK demand for NS grades is still evident and provides great value for money compared to straight nitrogen products.

Download



0 Comment


Name

Please enter your name


Email

Comment

Please enter your comment


Post Comment

Your comment submitted successfully.Please wait for admin approval.


Comments

No comments posted yet. Be the first to post a comment


USA | 1 July 2016
100 Nobel Laureates urge Greenpeace to end GMO-bashing

A team of over 100 Nobel laureates have, in an open letter to Greenpeace, urged the environmental group to “cease and desist” its campaign against genetically modified crops and food. In the lette...


Australia | 1 July 2016
Farmers will not last longer than 12 months at current low milk price

There is no clear reason why Australia's largest dairy processor Murray Goulburn is paying farmers significantly less than its competitors this season, according to an industry consultant. Earlier ...


USA | 1 July 2016
US farmers surprise with bigger corn acres as prices slump

U.S. farmers planted more corn than they intended in March, sowing the third-highest crop since World War II and surprising analysts who had expected a decline. Prices fell to the lowest since April. ...


South Africa | 1 July 2016
SA unveils revised livestock export rules

The South African government has finally unveiled the new stringent livestock import requirements which include quarantine periods and pre-export health certification for all cattle, goats and sheep c...


Spain | 1 July 2016
Spanish government to invest €1.7m promoting dairy

The Spanish Ministry for Agriculture, Food and Environment and the Interprofesional Láctea (INLAC) have begun the second phase of their promotional campaign, "Lacteos de aquí cada día", (local dairy e...



Trending Now

Viewed
Discussed

Farms and Land for sale

PropertyLocation
PropertyAgent
PropertyMinimumPrice
PropertyMaximumPrice
PropertyCategory

Holiday Rentals search

AccommodationKeyword
AccommodationType
AccommodationCounty
AccommodationStarRating


Top stories you may have missed
closeicon
Username
Password