Fertiliser Market Report - 3rd February 2012

UREA

In Europe, the market still remains relatively unchanged. Overall, the Urea market is stable and there are expectations that the market will see another rebound in the second quarter. Several Baltic producers are under pressure to sell cargoes for February. Meanwhile, Black Sea producers admit sales have declined.

AMMONIUM NITRATE

With Growhow UK lowering their AN price last week, very little has changed with imported AN. Levels being traded and seen on farm are unchanged this week and, as grain prices continue firmed, so could the price of Nitrogen.

SULPHUR

The European/UK sulphur market remains stable/firm with a healthy demand in all areas.