Recent content by Planet Bee

for context, India has bought roughly 5.6 million tonnes this year 90,000mt (<2%) of which came from Egypt which has an annual production capacity of around 7 million tonnes my concern would be the logistical time that it takes to ship, bag, treat with inhibitor (where necessary) and despatch...

Dutch TTF now ~$10.50 for January *reminder that the UK domestic Nitrate producer doesn't utilise as much gas these days; rather they use imported NH3

if you don't mind me asking, what are the terms of this offer? bags or bulk? delivered to you or collected from somewhere? asking for a friend

good news! the Tamar gas field (off of the Israeli coast, not near Plymouth) is back on-stream and supplying Egyptian Urea producers there're some technical reasons why two producers will be slower returning to full production but otherwise, back to "normal" levels again, don't shoot the...

Plenty of gas down in Devon 💨

The Israeli Tamar gas field is now offline. It supplies Egypt with 1/3rd of its natural gas. Today, Egypt’s Gasco informed their Urea producers to expect supply disruption. Two producers are 100% offline and the remainder running at 60-70% rates. Don’t shoot the messenger…

and this is the solution? To achieve greater transparency, suppliers must publish fertiliser prices 'immediately' to help farm businesses plan for next year’s crop. In my experience, there's always a price on offer that typically reflects the cost of replacement; it's rare that there's not a...

FOB Egypt levels had already risen following the Egyptian governments calling producers to reduce output by 30%. That likely means Granular Urea prices going north of £400/mt onto farm. the grain corridor closing only adds fuel to the bullish tone From what I heard, the local AN producer also...

every call I received today was referencing force majeure clauses. Good job that the DCTS allows duty free access to non-Egyptian Urea sources be careful what you wish for!

Urea equivalent at £460; I'm pretty sure it's cheaper than that today? According to the AHDB dataset, the point at which N applications to cereals should be reduced would be around £340 for AN and £450 for Urea Still plenty of time in hand but worth looking at both sides to the equation

good observation on the local gas markets However, it's not relevant for the UK's domestic producer, nor ~50% of the EU manufacturers. They've not produced NH3 for some time now and have relied upon importing it (ammonia) instead of cooking it here using relatively expensive regional gas...

I have no idea to what BS you are referring. Opinions are like ar*eholes; we all have one.

A little cynical but...probably! Putting the emotion to one side, I'm a big advocate of looking at the value rather than price. The manufacturer would have made massive investments and has plenty of variables to consider when selling forward. Big risk; big reward. The importer, as mentioned...

I'm guessing somebody got out of bed on the wrong side or simply doesn't understand how a supply chain works? Putting tin hat on (again) in 5....4....3...2...

my favourite phrase comes to mind, 'too many people know the price; sadly too few appreciate the value". :cool: