Farming News - ADM Agriculture Fertiliser Market Report

ADM Agriculture Fertiliser Market Report

13 May 2022
Frontdesk / Arable

Calum Findlay, ADM Agriculture’s head of fertiliser, comments on the markets

The global granular urea market is still awaiting the outcome of the Indian tender in terms of supply origin and final tonnages. A weakening of prices shouldn’t be seen if India buys a large volume, as this will tighten up short-term supply.

The nitrogen market across Europe continues to fluctuate alongside the movements in natural gas prices, as concerns over supply continues.

UK producer CF fertilisers brought offers for new-season ammonium nitrate on 12 May. Very limited tonnages were on offer and were withdrawn the following day. Further tonnages may be released next week, but at a higher price point.

Urea remains well priced per unit of nitrogen against ammonium nitrate.

New season liquid fertiliser prices for summer fill could be launched from next week.