Calum Findlay, Gleadell’s fertiliser manager, comments on the markets

Nitrogen

Demand for nitrogen products has been quiet recently. Global urea markets remain stable and replacement values £15/t over UK levels. Egyptian urea producers are not pushing to sell, having sold June stocks early, and are committing tonnes to cover peak domestic demand.  Despite recent price rises, CF’s AN terms remain among the keenest in Europe. With importers struggling to compete at current levels, availability of imported product is limited.