Gleadell Market Report
Immediate – 11 February 2016
Calum Findlay, Gleadell’s fertiliser manager, comments on the fertiliser markets
Granular Urea
A gas pipeline explosion has affected supply to three Egyptian urea producers.
Across Europe demand has improved and is forecast to continue in the coming weeks.
While some farmers have delayed ordering, delivery is now becoming an issue as a number of importers have moved on to March or even later deliveries. At 47p/kg urea provides exceptional value for money compared to other N sources and as a first dressing will fit most fertiliser systems.
Ammonium Nitrate
In the UK, the AN market remains unchanged as CF continues to be dominant. The premium between the superior UK product and imported AN is minimal, leading many farmers to switch.
PK
CF’s granular compound range is priced competitively to blends this year, giving many the opportunity to return to using compounds.
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FERTILISER market informationcontact Calum Findlay, fertiliser manager, on 01427 421244
Press queries or for further Gleadell contacts call Robert Harris Communications on 07768 402850
Notes to Editors
Gleadell Agriculture Ltd is an independent major trader of grain, seed and fertiliser in the UK with offices in York, Hemswell (Lincolnshire),Swaffham(Norfolk), Stamford (Lincolnshire) and Warminster (Wiltshire).Gleadell is jointly owned by ADM and InVivo, the leading provider of agricultural goods and services in the EU.
Any prices quoted in this release are indicative only at the time of going to press and subject to location and quality.Although Gleadell takes steps to ensure the validity of all information contained within this release, it makes no warranty as to theaccuracy or completeness of such information. Gleadell will accept no liability or responsibility for the information, or any action or failure to act, based uponsuch information.
mln t = million tonnes, t = metric tonnes, kg/hl = kilogram per hectolitre.