Nitrogen prices move up a few pounds a tonne
© Tim Scrivener Another month brings another rise of up to £5/t in UK manufactured ammonium nitrate prices, putting product on to farm in the mid-£190s/t for spot or October delivery.
More than half of new season nitrogen is thought to have been booked by growers and trade is quiet.
The urea market is at about £210/t delivered for September through to December, slightly up on a month ago but with nothing to indicate significant movement either way, said traders.
Imported ammonium nitrate is keenly priced at £10-£12/t below UK product with good availability.
See also: Business Clinic: should I move to liquid fertiliser
Most action in terms of orders in the past couple of weeks has been on P and K products, with a continued move to straights. This is a very competitive sector with prices slightly down on those of mid-July in some areas.
The blends market is quiet but competitive, with an aggressive NPK compounds and blends campaign expected to begin shortly.
Fertiliser update – August (£/t delivered)* |
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|
UK 34.5% N |
Granular urea (46% N) |
Imported AN |
0:24:24 (blend) |
|
£195-£196 |
£210 (Sept-Dec) |
£184-£186 |
£239-£245 |
|
Potash (MOP) |
Phosphate (DAP) |
Phosphate (TSP) |
0:26:26 (blend) |
|
£244-246 (Aug-Oct) |
£322-£330 (Aug-Oct) |
£257-£265 (Aug-Oct) |
£255-£260 |
|
*All illustrated prices are based on full loads for cash payment month following |
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