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Arable Farming
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Fertiliser Price Tracker
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<blockquote data-quote="Steevo" data-source="post: 7822910" data-attributes="member: 430"><p>The trouble is that could be when the "new season" prices come out next June and the bulk of the sales kick off again.</p><p></p><p>I can't see traders will be too keen to keep too much stock at these prices. Imagine if they got stuck with a boatload of urea at £800/t.....and then the price drops to £500/t! Heard one trader comment that there will come a time that they will shut the book and draw a line under any more sales and say there is no more to be had. If you knew farmers were 90% bought would you be ordering another boatload at £800/t...?</p><p></p><p>It's not so much when the price drops.....as when the shipment the traders bought at a lower price price actually arrives. If 3-4 farmers phone up in Feb/Mar wanting 50t each, that won't justify having another boat.</p></blockquote><p></p>
[QUOTE="Steevo, post: 7822910, member: 430"] The trouble is that could be when the "new season" prices come out next June and the bulk of the sales kick off again. I can't see traders will be too keen to keep too much stock at these prices. Imagine if they got stuck with a boatload of urea at £800/t.....and then the price drops to £500/t! Heard one trader comment that there will come a time that they will shut the book and draw a line under any more sales and say there is no more to be had. If you knew farmers were 90% bought would you be ordering another boatload at £800/t...? It's not so much when the price drops.....as when the shipment the traders bought at a lower price price actually arrives. If 3-4 farmers phone up in Feb/Mar wanting 50t each, that won't justify having another boat. [/QUOTE]
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