Fertiliser manufacturer Yara has withdrawn its wholesale price list and signalled a €21/t increase for its 27% CAN for October deliveries. This is the company’s third increase since the new season opened in June and it brings Yara’s price for CAN delivered to EU ports to €210/t.
Fertiliser manufacturer Yara has withdrawn its wholesale price list and signalled a €21/t increase for its 27% CAN for October deliveries.
This is the company’s third increase since the new season opened in June and it brings Yara’s price for CAN delivered to EU ports to €210/t.
Unloading at port on to lorries adds another €5/t to these bulk prices. Prices for CAN from other manufacturers delivered to Irish ports will follow these price increases.
Responding to the price increase, IFA inputs project team leader John Coughlan called on the European Commission to immediately suspend its anti-dumping duties on Russian fertiliser and customs tariffs on all fertiliser imports.
“The EU market is dysfunctional due to a lack of any meaningful competition. It is clear that a cartel is operating among EU manufacturers,” Coughlan said.
Meanwhile, the European Commission’s review of its anti-dumping taxes has got under way.
Manufacturers have put forward a representative sample of four EU manufacturers for the Commission to use to assess production costs and profitability.
They are Grupa Azoty based in Poland; Yara France, AB Achema from Lithuania and CF Industries UK.
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