Fertilizer price increase in weakened form due to

With the fact that the application of fertilizer to grain has been completed and the first application to grassland is about 80 to 90 percent complete, little is being purchased. Compared to the summer, fertilizer prices are at a significantly higher level. At the time, suppliers could purchase at a much lower price level than they have to pay now. Some parties are willing to give in, others are not. The fact is that it makes the trade nervous.

Price of KAS is increasing
Although the spurt has weakened, the price of KAS is still rising. In mid-April, a farm price of 22,50 to 24,50 euros per 100 kg in the Netherlands is mentioned, depending on the delivery address and whether it concerns a pre-purchased lot or not. KAS is currently stable, but it is expected to decline slightly towards the summer. Nitrogen, an important component of CAN, will also decrease somewhat.

Phosphate is becoming more expensive
Phosphate is still becoming more expensive and this also applies to potash fertilizers. Potassium production has been slightly reduced worldwide, resulting in significantly higher demand than previously expected. A temporary situation, according to sources. Availability is good, but delivery times are slightly longer than average. The price expectation for potash is that it will remain stable.

The increase in phosphate prices in recent weeks has been partly prompted by the euro-dollar exchange rate. However, one must keep in mind that the fertilizer started at a fairly low level last winter. Only in recent weeks has the price increased somewhat. This is also probably a temporary effect, because the price is expected to remain stable or drop slightly in the summer.

The rising oil price and, as a derivative, the gas price, which has a particular impact on nitrogen, may mean that the price drop in nitrogen will be less pronounced. Higher gas prices push up production costs, which means that the industry is less able to reduce its sales prices.