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UK fertiliser prices are expected to stay high with limited availability, as some plants in several countries remain closed due to high gas prices. Imported ammonium nitrate is priced at £640 to £680 per tonne, urea at £760 to £795, and DAP has risen about £200 per tonne since September.
Traders estimate 30% to 40% of spring farmer orders are still unplaced.
High gas-driven plant closures keep nitrogen and phosphate supply constrained, supporting elevated input costs for UK feed and grain producers. Unplaced spring orders add uncertainty about future demand and availability.
fwi.co.ukSuzie HorneJan 5, 2022After 92 past bullish macro events, Urea moved a median +0.0% over 5 sessions (50% higher; middle half -2.0% to +3.6%), and +4.8% over 20.
After 28 past bullish macro events, DAP moved a median -0.2% over 5 sessions (36% higher; middle half -0.9% to +1.3%), and -0.8% over 20.
After 155 past bullish macro events, Natural Gas moved a median +0.1% over 5 sessions (51% higher; middle half -4.0% to +7.1%), and +2.0% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
