Fertiliser Price Tracker

Planet Bee

Member
Trade
it's not just EU / UK running tight on gas

The Indian government (GAIL) had a long term deal with Gazprom which is now subject to sanctions; they've been buying in limited additional volumes of LNG to cover the shortfall at massive cost (some 4-5 times the original price agreed with Gazprom)

approaching 50% of the gas used in India is for fertiliser production. The effect of the reduction in flow will likely mean India requiring more imported ferts than less, conservatively 500kt more over the remainder of the year, even if sanctions may be eased. Reality will likely be closer to 1mmt of additional imports

Maybe that sanctions are eased. Who knows? Hungry and cold voters typically want a change of governments...this winter is lining up to be incredibly interesting in the energy and by default, fertiliser industries
 

mf7480

Member
Mixed Farmer
Has anyone had all their first offer fert delivered? We’ve only had a quarter of it, was supposed to be June July delivery. Not overly worried about it as we don’t need it until next year but surprised it’s not here.
 

A1baz

Member
Has anyone had all their first offer fert delivered? We’ve only had a quarter of it, was supposed to be June July delivery. Not overly worried about it as we don’t need it until next year but surprised it’s not here.
All came end of June, Thomas Bell. Wish it hadn’t, could have done with the cash!
 

copse

Member
Mixed Farmer
Has anyone had all their first offer fert delivered? We’ve only had a quarter of it, was supposed to be June July delivery. Not overly worried about it as we don’t need it until next year but surprised it’s not here.
Had none of it delivered yet.
 

SFI - What % were you taking out of production?

  • 0 %

    Votes: 103 40.6%
  • Up to 25%

    Votes: 93 36.6%
  • 25-50%

    Votes: 39 15.4%
  • 50-75%

    Votes: 5 2.0%
  • 75-100%

    Votes: 3 1.2%
  • 100% I’ve had enough of farming!

    Votes: 11 4.3%

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