ZMP Cockpit – News Summary

Market Commentary 15.08.2019

Uncertainty about the applicability of certain fertilizer (mixtures) in the spring of 2020 has brought the market to a standstill. The new fertilizer ordinance, which will mainly use urea and phosphates, is unsettling both trade and agriculture. While it has long been speculated that "normal" urea will still be used in blends, the BMLE thwarted the whole thing - even urea in fertilizer mixtures...
  • KAS: heavily reduced urea imports -> more nitrate demand
  • KAS: reasonable price compared to HS with UI
  • Ammonia: first price increases enforced
  • Phosphates: usual premium for Europe disappeared
  • Phosphates: higher demand expected in Q4 from South America
  • Phosphates: Price rally in soy allows higher P-prices
  • Phosphates: price decline stopped due to soil formation
  • Phosphates: strained margin on the producer side
  • KAS: falling urea prices in North Africa
  • KAS: high margins of producers at full production
  • Urea: possible imports of cheap Iranian goods to Europe
  • Urea: falling prices in South America, especially Brazil
  • Hemp: rising production in China
  • Phosphates: falling demand in Europe, especially Germany
  • Phosphates: new, very high production capacity in Morocco
  • Phosphates: big export pressure from China

ZMP Market Analyses

  • FAO and IFA: Potash supply is getting tighter - potash prices are on the rise

    FAO and IFA: Global Potassium Fertilizer Supply Dwindling Stockpiles in Western Europe The United Nations Food and Agriculture Organization (FAO) and the International Fertilizers Association (IFA) are consistently forecasting a global shortage of potash fertilizers with a particular focus in Western Europe....

  • Globally more phosphate fertilizer - prices are declining

    FAO and IFA: Increasing Fertilizer Phosphates Worldwide - Phosphate Prices Falling Strong Consistent forecasts for the supply of fertilizer phosphates have been published by the United Nations Food and Agriculture Organization (FAO) and the International Fertilizers Association (IFA) in their...

  • Yara predicts lower urea supply

    Yara: Global N-fertilizer market will be tighter in the future - prices are picking up. In the past years 2015 to 2018, there has been an above-average increase in global (excluding China) urea production capacities . The urea prices fell on average by 25%....