SPRING PRICES have finally been published by at least one major fertiliser manufacturer, indicating a modicum of confidence in forward gas prices.

But as Yara chief Robin Cattermole points out, it is only designed to stimulate orders before Christmas, and could well be subject to further rises early in the New Year.

Kemira‘s March price of £160/t for ammonium nitrate suddenly seems reasonable given all the hype surrounding gas costs, despite it being some £20/t more than last season.

Meanwhile, Terra prices do not extend beyond January, reflecting the company order position and planned shutdowns.

Imports continue to remain in short supply, with £146/t being the most quoted price for Lithuanian AN this month, but a global fall in prilled urea costs should spark a short-term reduction in UK prices.
 
Terra Nitrogen, Grainfarmers and United Agri Products announced the formation of a technical liaison team this week, which will pool resources on a national scale and invest in the development of variety-specific nutrient systems.

Recent trials suggest that modern wheats justify the use of more nitrogen, according to UAP technical guru Brin Hughes.

This reflects a change in the status of the relationship between Terra and Grainfarmers UAP, who now have national coverage and an exclusive main brand position with Terra.

CURRENT PRICES (£/t)

Nitrogen (Domestic) N  (SP5) 34.5%

New season
26.8.8

Imported  urea.

Imported AN Lithuan

Blended
20.10.10 & 29.5.5

Blended
25.5.5

Liquid
Nitrogen,
37kilos/100
litres o
r
29.6%N/t

Jan £157

No supply

£200 granular
£210 prills (falling)

£147

where available

£150

From £146

No market yet

 

NPK

Jan (add £3 for March)

Imported
27.6.6

Imported
32.5.0

Complex 25.5.5

£154

No supplies

No supplies

15.15.20

£153

 

20.10.10/ 27.5.5

£158

 

17.17.17

£173

 

 

Trace elements 0.24.24 TSP (47%P2O5) Muriate of
Potash (60%K2O)
Copper, zinc, selenium,
cobalt Iodine and sodium Per acre pack £11.10
Blended £130-5 £150 £130

Ireland

Benchmark prices. Compounds out of season.

Northern
Ireland

Urea, existing stocks only

CAN

24.6.12

aftercut

25.5.5

 

Complex compounds
27.6.6.

 

£200

£145

£160 (anticipated)

£150-£152

£160-£162

 

Republic of
Ireland*

CAN, large price variations

24.2½.10 blend

Urea
Granular, non EU          

27.  2.5 . 5

 

 €220 €190-210 (Russian)
€225-240
€200-250
(dependant on source and quality)
€243 (CCF)
€200 import blend

*Note in the Republic of Ireland nutrients are expressed as elements not oxides.  Analyses will not be directly comparable with those used in the UK.
                  
Note All illustrated prices are based upon 24 tonne loads for immediate payment. Prices for smaller loads and those with credit terms will vary considerably.

 Source: Bridgewater