plenty of fertiliser in WestminsterBoris’s today In Africa
Yea Carrie and her chum’s the goldsmith brothers really don’t like farmer’splenty of fertiliser in Westminster
He's a feckin idiot!Boris’s today In Africa
Taurus faecalis. Note 21%, not 20% as if it were set in stone rather than calculated by a students summer dissertation.Boris’s today In Africa
collected i think nr haverfordwestwas that delivered?
So, as a guesstimate, how much of a load has to be sold before it leaves it's home port? I mean,if all these boats are en route, how much of it will still be "to sell"? At a guess.trader might; distributor doesn't have the option as they are the typically the receiver at destination
however, the trader would still have the contractual obligation to execute their contract if they diverted elsewhere. UK is the highest paying market today simply because the logistics bringing it here are the highest too. The port costs here are astronomical compared to our neighbouring countries. The netbacks to loading ports are rather similar.
there's a high level of certainty that if it's booked, it'll get shipped. Of course there are exceptions and especially for those parties knowingly importing sanctioned origins, Iran for example.
Caveat emptor.
Best guess 80% sold of the quantity lined up so far.So, as a guesstimate, how much of a load has to be sold before it leaves it's home port? I mean,if all these boats are en route, how much of it will still be "to sell"? At a guess.
How do they go on with the Fertiliser Industry Assurance Scheme if manufactured abroad?Best guess 80% sold of the quantity lined up so far.
The reputable traders and importers are FIAS accredited. There’s therefore a lot of traceability built into the process.How do they go on with the Fertiliser Industry Assurance Scheme if manufactured abroad?
Does it somehow get the FIAS badge.
Are the manufacturers themselves FIAS equivalent, or just the traders/shippers?The reputable traders and importers are FIAS accredited. There’s therefore a lot of traceability built into the process.
Not to say the system always works. We see some imports from sanctioned entities, Iran for example via Ghent, that have clearly circumvented the process. It was disguised as Omani during the initial shipment from Iran.
Always worth asking where it comes from, I suppose?
the reputable traders / importers are FIAS accreditedAre the manufacturers themselves FIAS equivalent, or just the traders/shippers?
Edit. I ask because think for farm assurance, it's supposed to be FIAS?
from what I heard, yes. The two major producers BASF and SKW announced curtailment of NH3 production due to the situation. When Germany goes to "stage 3", then it gets serious.Would industrial gas rationing in Germany have an impact on fert production, or more likely on chemical production?
FM is a complex issueIts looking likely to be a when rather than an if.
Presumably that would be force majeure.
Yes, we should caveat that's this is a hypothetical situation. But if we're say a German fert producer and had restricted output, I'd be supplying my domestic customers in full first.FM is a complex issue
if you bought "open origin" then your counterparty would find it difficult to claim an FM situation as there'd be likely other sources for the commodity
let's say you'd specifically bought SKW Urea. They declared FM and their contract parties would do the same. If you'd bought "open origin", your counter party, even though they may have bought SKW, still have an obligation to deliver "open origin Urea"
***not saying that SKW will or may call FM by the way; just using it as an example***
having said that, the local supply situation across the continent of Europe is under threat due to the gas situation which doesn't look likely to improve in short time. Most producers, especially high gas consuming fertiliser plants, are all curtailing production or raising prices
He really has lost the plot. What he said said f.all.He's a feckin idiot!
Prince Charles not much better either!