Fert price rises across the board

by 5m Editor
9 December 2005, at 12:00am

UK - Energy prices continue to dominate the fertiliser industry, fuelling rumours and conspiracy theories. Certainly, the high price of gas will help the government to make its case for a new round of nuclear energy generation. But whatever the truth of the situation, it is the farmer and the manufacturer who suffers while ammonia plants at Terra and Kemira remain shut down. Both companies continue to manufacture ammonium nitrate from purchased ammonia. After vacillating this month, manufacturers pegged AN at a higher level of £178/t on-farm for January and though some is still around at £163/t, it will not be so for long. Compound prices are also creeping upward and rises have also hit the trace element market. Increases in copper, cobalt and packaging costs have resulted in a price hike of 40p per acre pack, although a discount price structure applies until February. Source: FWi

5m Editor