Fertiliser price rise held over to January


By Roger Chesher


OFFICIAL ratification of the anti-dumping levy on Russian ammonium nitrate has still not been given.


But the feeling in the marketplace is that it is just a matter of time before the rubber stamp is applied.


Although the amount of nitrogen affected by this decision is extremely small, the hiatus gives players an excuse for the fact that sales are still slow, and that farmgate prices for imports after Christmas are generally not available.


With the majors still hoping for business before Christmas, the current (November) price has been run on into December for both nitrogen and compounds.


The anticipated 2/t rise per month still looks likely from January onwards.


The result is that deliveries to farm are picking up, but not yet in sufficient volume to forestall the fear of logistical problems during the usage period.


Meanwhile, Hydro has taken another step towards its goal of becoming a major player in the market for speciality fertilisers by signing an agreement to market its products in Chile.


At the same time, non-core activities within the Hydro agri group are being sold off.


CURRENT PRICES


















New-season nitrogen (SP5) 34.5%

December 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


November 110-113


110-113


Granular 115-120

New season; around 99-103
Spring 105

113

107

120



















NPK

November

NS products

Complex 25.5.5

113

117

15.15.20

134


20.10.10/29.5.5

119-120


17.17.17

139-140













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

105

122-125

130

124















 

CAN


24.21/2.10


Urea, imported


27.21/2.5


Republic of Ireland*

130-140

No market

No market

150

*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=UK79.18p; US$1=UK70.18p on 29 November

     

    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

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