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Arable Farming
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Fertiliser Price Tracker
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<blockquote data-quote="Planet Bee" data-source="post: 7944672" data-attributes="member: 164085"><p>pretty soon, there's going to be a big gap between Granular Urea and local Nitrate prices.</p><p></p><p>the problem will be logistics; getting it here in time for application within Q1</p><p></p><p>same's true locally with AN - top-up tonnes all coming from one domestic plant in the North East of the UK, for now, at least. It's being shipped around the UK to various ports, at massive cost, to ease the logistical problem. This then limits the facilities where imported AN can be handled, due to the strict storage and handling laws.</p><p></p><p>Egyptian FOB levels, in a temporary illiquid market, have dropped over $100/mt, seeking out a price level where they'll find buyers. There's a big value call to make - it depends how long you can wait to receive the fertiliser? No good to pay less but not get it in time is it?</p></blockquote><p></p>
[QUOTE="Planet Bee, post: 7944672, member: 164085"] pretty soon, there's going to be a big gap between Granular Urea and local Nitrate prices. the problem will be logistics; getting it here in time for application within Q1 same's true locally with AN - top-up tonnes all coming from one domestic plant in the North East of the UK, for now, at least. It's being shipped around the UK to various ports, at massive cost, to ease the logistical problem. This then limits the facilities where imported AN can be handled, due to the strict storage and handling laws. Egyptian FOB levels, in a temporary illiquid market, have dropped over $100/mt, seeking out a price level where they'll find buyers. There's a big value call to make - it depends how long you can wait to receive the fertiliser? No good to pay less but not get it in time is it? [/QUOTE]
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