We report on fertilizer production, consumption and pricing in the US market. The country’s fertilizer industry, ranked fourth globally in terms of total production capacity, has grown and developed alongside its increasingly sophisticated domestic agricultural sector.
Citrus fruit growers are an attractive end-market for fertilizer suppliers due to the high K and N requirement of this widely-cultivated cash crop and the efficacy of fertigation and foliar spraying. We examine the nutrient needs of citrus trees and how balanced application of fertilizers helps maximise citrus fruit quality and yield.
Servicing the growth in electric vehicles powered by lithium iron phosphate (LFP) batteries could require the global purified phosphoric acid industry to double in size. Senior CRU consultant Wahome Muya explores the opportunities for unlocking growth in this emerging and fast-moving market.
Liquid fertilizers are prized because of their flexibility – especially the freedom to blend nutrients together to create customised products for growers. Dr Karl Wyant, Nutrien’s Director of Agronomy, offers guidance on compatibility and safety, two key concerns when blending and handling liquid fertilizers.
Market Insight courtesy of Argus Media. Urea: Prices in general fell further in late October. Suppliers in most regions were forced to accept lower than expected net-backs due to low import demand and high producer inventories. India was the exception with IPL securing 1.7 million tonnes of urea at $400-404/t cfr under its 20th October tender.
Argus in collaboration with CRU will convene the 2024 Fertilizer Latino Americano conference at the Hilton Downtown Miami, Miami, Florida, 5-7 February 2024.
Market Insight courtesy of Argus Media
While producing ammonia with hydrogen from electrolysis remains expensive, large scale lower carbon ammonia has focused on carbon capture and storage from existing plants, so-called ‘blue’ ammonia. But exactly how green is blue?
It is common knowledge that wet CO₂ is corrosive to carbon steel and “dry” CO₂ is not corrosive to carbon steel. So typically engineers and contractors choose carbon steel for dry CO₂ conditions and stainless steels for wet CO₂ conditions. This can be seen in the CO₂ feed section of almost every older urea plant. But is it true that carbon steel is always the right choice for dry CO₂ and is dry CO₂ really dry under all circumstances?
Tampa ammonia contract prices increased dramatically during September, from $395/tonne c.fr to $575/ tonne c.fr. The main culprit was plant outages and reduced production at several plants in the region. The tight supply situation was exacerbated by a delay to the restart of Ma’aden’s 1.1 million t/a ammonia plant in Saudi Arabia.