Prices for OSTCHEM nitrate rose as expected
If last week's increase in prices for nitrate fertilizers by "Ostham" was expected, the repeated price increase came as a bit of a surprise to the market. The size of the increase in nitrate and lime-ammonium nitrate was doubled.
As a last resort, saltpeter is filled with high-priority nitrogen fertilizer in a rush for fluffy speech. Irrespective of the price, buying activity is too high. Goods at the factories of distributions are already up to the date of the sickness, wanting to introduce the work of "Rivneazot" to improve the situation with the availability of goods.
Importers also offer limited quantities, as European producers have little spare capacity and the goods are sold already at the end of August. Logistics for Bulgarian goods may become more difficult after Russian attacks on Danube ports. Saltpeter, which was transported by sea, will be partially redirected to motor vehicles, which will increase its value.
European manufacturers are also raising prices and the cost of imported products is increasing:
- Polish saltpeter can be purchased at UAH 17.6-17.8 thousand/t, Saletrosan 30 — at UAH 16.4 thousand/t, FCA cordon, Pulan (N32) — at UAH 17.9 thousand/t, EXW .
- Turkish ammonia and lime-ammonium nitrate rose in price to UAH 19,000/t and UAH 16,000/t, FCA/EXW.
Analysts mean that after an increase in the price of the market, they can take a break to assess the situation. At the same time, with the increase in the price of Ukrainian nitrates, having added the varto, the increase in prices for imported goods.
Source: latifundist.com