By Roger Chesher

MOVEMENT on to farm continues to be very slow, causing manufacturers to issue their usual warning about logistical difficulties.

This time its different however, as agricultural merchants are also beginning to voice concerns about getting lorries on time.

Its not worth the cost of training drivers to meet the statutory requirements for carrying ammonium nitrate when this task occupies such a small proportion of their time, and fertiliser is traded at such low margins.

Importers continue to promote sales to try to reduce current stocks to make way for new material.

Forward prices for imports beyond February are still hard to tie down in view of the rising prices of ammonia and urea in world markets.

It is proving difficult to determine a meaningful figure for the amount of fertiliser, imported or home produced, which is currently in merchants stores.

Store “deals” and “trust” tonnage have not been available this year so whatever the figure is, it will be lower than of late.

Fertiliser coming out of store can sometimes pull the market price down as merchants wish to move it quickly.

The usage period is moving nearer, with blenders and liquid producers becoming more active.

So slightly more fluctuation in market prices should soon become apparent.

But, with such a huge market to be supplied, price wont really be the issue, it will be a case of shopping around to see who can actually facilitate the delivery.

CURRENT PRICES

New-season nitrogen (SP5) 34.5% Anticipated spring price nitrogen Imported urea (if available) Imported AN (new season) Blended 20.10.10 and 25.0.16 Blended 25.5.5 Liquid nitrogen, 37kg/100l or 29.6% N/t
January 130 February 132
March 134
Granular 140-144
Prilled 130
112
118-120 (March)
118-120 115-118 No market
NPK January, pay cash February, pay cash April, pay cash (forecast)
Complex 25.5.5 126 128 134
27N30S 132 134
20.10.10/29.5.5 129 131 137
17.17.17 146 148 152
After-cut NK cash 0.24.24 TSP (47% P2O5) Muriate of Potash (60% K2O)
No market 114-116 126 115

 

IRELAND

  Imported urea

CAN

24.6.12

0.16.36

Complex compounds
27.6.6

Northern Ireland Not available 120-125 140-150 No market 150
 

CAN

24.21/2.10

Urea, imported

27.21/2.5

Republic of Ireland* 150 185 Not available 182

*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=UK81.10p; US$1=UK67.89p on 18 January

     

    Note All illustrated prices are based on 20-tonne loads for immediate payment. Prices for smaller loads and those with credit terms will vary considerably.

    Source: Bridgewater Partnership