Price lists for fertiliser have been revised upwards in recent days, with availability of supply cited as the issue, especially stocks of urea.

Merchants either have limited supplies of urea or are not expecting stock until the end of February.

Current prices for urea (46% nitrogen) range widely from £430 up to £490/t. Some suppliers are reluctant to give any quotes until stock becomes available.

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Most quotes for CAN have had a £20/t lift applied, with current prices around £360 to £370/t. Similarly, compound products such as 27-4-4 plus sulphur are now at £430 to £440/t.

Some merchants have very limited supplies of older stock in yards and are still able to work off previous price lists. For this stock, quotes for CAN are as low as £330/t and 27-4-4 plus sulphur is at £395/t.