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Fertecon’s news page highlights the most topical stories from the fertilizer industry. Click on the links below to read the full news story.
- Potash market expectations – 2017 & 2018 Thursday July 06th, 2017 Supply Global potash capacity in 2017, as measured in K2O terms (and referring specifically to primary production) is assessed at 58 million tonnes, reflecting a 5.7% annual increase. Most of this capacity is in North America, specifically Canada (approximately 38% in the region) with around a quarter (26%) sitting within the CIS region. Combined, North American ... Read more
- Indian government to introduce a general sales tax Monday June 12th, 2017 The Indian government announced in May its plan to introduce a General Sales Tax on fertilizers effective from 1 July. As it stands, the tax regime will be as follows: 12% on finished fertilizers 18% on raw material inputs such as phosphoric acid, sulphuric acid, sulphur and ammonia 5% on phosphate rock Producers will be able to claim tax credit ... Read more
- Focus: IFA – The Issues Thursday June 08th, 2017 India: GST and DBT Further to last month’s focus on margins, the Indian government has since announced its plan to introduce a General Sales Tax on fertilizers effective from 1 July. As it stands, the tax regime will be as follows: 12% on finished fertilizers 18% on raw material inputs such as phosphoric acid, sulphuric acid, sulphur and ammonia 5% ... Read more
- What does the rest of 2017 have in store for the three major nutrients, N, P and K? Wednesday May 03rd, 2017 As the annual IFA meeting approaches in May, we can look back at what has happened in the last few months and try to forecast what the balance of the year may hold. NITROGEN During Q1 2017, ammonia prices remained on the uptrend supported both by limited supply availability, on the one hand, and improved market dynamics ... Read more
- Fertecon takes a look at corn prices v urea Wednesday April 05th, 2017 This month’s Front Page Discussion in the Fertecon Urea Futures takes a look at the relationship between crop and fertilizer prices. It is relevant since the USA will begin planting corn in April. The chart below shows the average monthly corn price as received by the farmer in the USA against an international urea price ... Read more
- India continues to looks at possible changes to subsidies Wednesday January 11th, 2017 Will the early February budget see lower subsidies? With the Union Government due to present its budget for 2017/18 on 1 February, a number of questions were raised at the recent FAI meeting in Delhi regarding subsidies, MRPs, changes to the GST (general sales tax) and the Direct Benefit Transfer policy to name but a few. ... Read more
- Europe is proposing to reduce cadmium limits in fertilizers Thursday December 08th, 2016 The proposal and the options for Europe The EU issued a proposal to limit cadmium in fertilizers to 60mg per kilo P2O5 from 2016, then reduce cadmium to 40mg per kilo P2O5 from 2019 and to reduce to 20mg per kilo P2O5 from 2028. Most EU fertilizers have been within the voluntary limit of 60mg per kilo ... Read more
- Potash market consolidation on the horizon? Thursday November 10th, 2016 On 12 September Agrium and PotashCorp announced the intention to merge into a single entity. For editorial ease we will refer to the proposed merged entity as ‘POT-AGU’ in this piece. The merger needs the approval of the Federal Trade Commission (FTC), which will be asked to rule on whether this represents too big a ... Read more
- How shale gas is transforming US Nitrogen fertilizer market dynamics Thursday October 06th, 2016 THE USA TO MOVE AWAY FROM BEING ONE OF THE WORLD’S LARGEST IMPORTERS OF NITROGEN The United States is one of the world’s largest importers of nitrogen fertilizers. In 2015, it imported over 16 million tonnes of ammonia, urea and UAN. However, the shale gas revolution, and consequent sharp drop in gas price, has made the ... Read more
- Changes ahead for the North American Sulphur market? Tuesday August 09th, 2016 As expected, Mosaic’s decision to build a sulphur remelter is changing market dynamics and altering trade flows not only in North America but also in the Northern Hemisphere. During the past year we have seen granular sulphur shipments to Tampa not only from Kazakhstan and the UAE but also from Vancouver for the first time ... Read more