Over the last week there has been much speculation on what price CF would enter the 2022 market at. Overnight, they have issued terms and despite many rules, their offer puts Nitram on farm at a slightly lower than anticipated price. Now, that doesn’t mean prices have fallen, but it means a cap has been placed on the price that the Polish and Lithuanians would like to sell into the UK at. This means, February N prices circa £640/tonne. Yara have followed a similar path, however Extran remains extremely expensive into the £680’s. One message that is very clear is that those expecting “just in time” service from CF or Yara may need to plan further ahead than usual.
For those still needing to buy sulphur nitrogen, Yara are able to offer products; there is no CF Doubletop or Singletop.
NPKS from CF and Yara are both available now so please speak to us if you have interest.
Granular urea is available from Immingham, another vessel is due to discharge shortly. I expect this will be the last one to arrive for this season as importers do not want to be caught with stock in a market that has more downside than up presently.
Potash is my immediate concern, prices look likely to rise again due to Belarusian issues; if you are going to need some in the near future please consider this now.
Staff update: I am pleased to tell you that we have a new member of the fertilizer team and that is Nico Papworth who is head of Membership services presently. While Nico has a very steep learning curve he is now talking to members about their requirements but may not be able to answer all your questions at this time.
Requirements: I am working through the outstanding fertilizer requirements; however, I would be grateful if you would contact us with any immediate needs as time is very much of the essence in getting product onto farm.
Thank you for your continued support.
Fertilizer Sector Head