By Roger Chesher

FERTILISER prices have hardly changed this week, but the trade anticipates significant movement on to farm will start in the next week or so.

With farmers having every opportunity for drilling and spraying, fertiliser is understandably not a high priority.

But all parties in the industry – manufacturer, importer and merchant – want to see early movement, and price lists are structured to encourage this.

There is therefore every reason to expect considerable sales before Christmas.

However, imports are being hindered by the delay of the expected ratification of the anti-dumping levy, leaving some importers unwilling to commit.

There are certainly enough cargoes to go round, but those already at our ports or due to arrive shortly will cost importers money in storage until the anticipated farm movement commences.

Imported AN should currently be on farm at around 98/t.

Meanwhile, rationalisation continues in the UK industry, with a reorganisation at Kemira.

Potentially still for sale, the Cheshire-based business has released members of the senior management team to early retirement, thus shortening reporting relationships and reducing fixed costs.

CURRENT PRICES

New-season nitrogen (SP5) 34.5% December domestic nitrogen Imported urea Imported AN Blended 20.10.10 and 25.0.16 Blended 25.5.5 Liquid nitrogen, 37kg/100l or 29.6% N/t
November 113-115 No published price; expected 115-118 Granular 115-120 New season; around 99-103 113 107 120
NPK November NS products
Complex 25.5.5 113 117
15.15.20 134
20.10.10/29.5.5 119-120
17.17.17 139-140
After-cut NK cash 0.24.24 TSP (47% P2O5) bagged Muriate of Potash (60% K2O) bagged
110-115 – market virtually over 112-114 125 122

 

IRELAND
Forecast prices

  Urea

CAN

24.6.12

0.16.36

Complex compounds
27.6.6

Northern Ireland No market 105 122-125 130 124
 

CAN

24.21/2.10

Urea, imported

27.21/2.5

Republic of Ireland* 130-140 No market No market 150

*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.

*Prices in the Republic are IR

  • IR1=UK78.06p; US$1=UK69.69p on 15 November

     

    Note All illustrated prices are based on 24-tonne loads for immediate payment. Prices for smaller loads and those with credit terms will vary considerably.

    Source: Bridgewater Partnership