Limited fertiliser supply keeps prices hot

Fertiliser suppliers were hoping for another release from CF Fertilisers late this week, after it closed last week’s offer, which saw on-farm prices of £705-£715/t for 34% ammonium nitrate (AN).

This was for September to November delivery and represented a price hike of about £75/t compared with the manufacturer’s first new-season offer two weeks ago.

Traders report that sulphur grades are tricky to get hold of, with only imported material available. Imported AN is also in very short supply, with small volumes of Lithan going onto farm at a similar price to the most recent CF offer.

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However, urease-inhibited urea is being offered at £745-£760/t on farm, with delivery at seller’s option for July to November or September to October.

This makes it very competitive against the most recent CF AN offer, equating to a sub-£600/t rate for AN.

There have been keen prices for liquid supplies for short-notice delivery.

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