Despite the flat early nitrogen market, the price of domestic ammonium nitrate has now risen, as expected, by 2/t.

This places Nitram and Nitraprill at 112-114/t delivered on-farm in large loads, although some merchants, operating at “suicidal” margins have offered a pound or two less.

Extran, being less concentrated at 33.5%, will be around 109/t.

So far, this market is mirroring the events of last season, and we could reasonably anticipate another 2/t for October if this pattern is set.

Trade of imported nitrogen is quiet at present, although granular urea, where available, remains a good buy.

Nitrogen and Sulphur top-dressing products have also moved to 112-114/t, but reports of a shortage of granular ammonium sulphate in Europe could well add another 3 or so in the near future.

The autumn PK market remains firm in price, but low in volume. Many agronomists are now expressing real concern about missing out autumn potash, although producers still have a chance to catch up by top dressing these nutrients in the spring.

Grassland fertiliser prices remain stable, but could well drop slightly during a suppliers push for volume before the market is restructured in October.

In the industry, Kemira Oyj, parent of Kemira Fertilisers, has joined with two Swedish companies to form a giant Nordic Specialty Group.

Whilst this dilutes the importance of fertiliser in the new group as a whole, the situation of Kemira fertilisers in the UK remains, as yet, unchanged.

CURRENT PRICES

New-season nitrogen (SP5) 34.5% October 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
September 112-114 no published price Granular 115-120 88 ex-dock
100 delivered
113-115 107-113 120
NPK September, pay cash NS products
Complex 25.5.5 112-118 112-114
15.15.20 No market
20.10.10/29.5.5 118-120
17.17.17 No market
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 110 130-135 No market 130
 

CAN

24.21/2.10

Urea, imported

27.21/2.5

Republic of Ireland* 140-145 175 No market 170-175

*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=UK77.73p; US$1=UK68.85p on 05 September 2001

     

    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