Fertiliser prices stay competitive despite delivery issues

The fertiliser market is very competitive despite movement pressure.

There is a two-week lead time for deliveries of ammonium nitrate (AN) in many areas, with UK product about ÂŁ18/t cheaper than in late January. Imported AN is ÂŁ193-ÂŁ195/t, while tight supply has firmed urea by about ÂŁ12/t since late January.

See also: More on fertiliser

April supplies of granular urea are being offered at a further discount to prices in the table (below), but traders warn that anyone wanting prompt delivery should be cautious as these depend on the arrival of new cargoes. There are also some offers well below ÂŁ200/t for October-December urea deliveries.

Grassland orders are picking up in the P&K market – phosphates have drifted down while potash is at similar rates to those of late January.

 

Fertiliser update – April 2016(£/t delivered)*

UK 34.5% N

ÂŁ203-ÂŁ207

Granular urea (46% N)

ÂŁ225-ÂŁ233

Imported AN (Lithan/Pulan)

ÂŁ193-ÂŁ197

0.24.24 (blends)

ÂŁ230-ÂŁ240

Potash (MOP)

ÂŁ228-ÂŁ235

Phosphate (DAP)

ÂŁ335-ÂŁ340

Phosphate (TSP)

ÂŁ268-ÂŁ273

20.10.10 (blend)

ÂŁ225-ÂŁ235

*Prices are based on full loads for cash payment month following, except where otherwise stated.