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Gleadell's UK fertiliser report says urea firmed over the festive period as global supplies tightened ahead of spring demand. Ammonium nitrate terms for February and March were unchanged, and potash prices rose £10/t out of Cleveland after German mine disruption.
Phosphate values also firmed on limited availability.
Tight urea and potash supplies raise input costs for UK and European farmers and point to firmer fertilizer prices into spring.
farming.co.ukJan 6, 2017Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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.
