
Micronutrient market moves
Micronutrient products are one the fertilizer industry’s fastest growing segments. In response, ICL, Koch Agronomic Services, Levity Crop Science, Omex and SQM have all strengthened their micronutrient portfolios.
Micronutrient products are one the fertilizer industry’s fastest growing segments. In response, ICL, Koch Agronomic Services, Levity Crop Science, Omex and SQM have all strengthened their micronutrient portfolios.
Market Insight courtesy of Argus Media. Urea: Prices fell in most global markets in early March as suppliers chased limited demand. Although India’s purchase tender has yet to formally conclude, IPL looks set to book 1.15 million tonnes of urea at $330-334.8/t cfr, with traders mainly sourcing from Russian and Middle Eastern producers.
Blended and compound NPK fertilizers are a mainstay of many markets globally. We review the main production technology options.
Russia’s invasion of Ukraine has hit European fertilizer producers hard. Ammonia plants across the continent have been inactive over the winter due to prohibitively high feedstock costs. The future of nitrogen fertilizer production in the region will depend on access to an affordable, secure and sustainable energy supply and the switchover to low-carbon technologies.
Potash production improvements are being made in areas such as ore extraction, cooling and froth flotation. We review technological developments from Sandvik, Eriez, Nouryon and Solex Thermal Science.
Sulphur is a vital secondary crop nutrient. It can be delivered in sulphate, thiosulphate and elemental form. The range of product and process options are outlined.
We look ahead at fertilizer industry prospects for the next 12 months, including the key economic and agricultural drivers likely to shape the market during 2023.
More than 650 delegates from 326 companies and 56 countries gathered at the Hotel RIU Plaza España, Madrid, Spain, 17-19 October 2022, for the Argus Fertilizer Europe 2022 conference.
Advances in technology, equipment and reagents are enhancing phosphate fertilizer production. Optimisation of standard equipment is also vital for ensuring process efficiency.
After two turbulent years, could the fertilizer market finally start to stabilise in 2023? Well, that’s what Dutch agricultural finance house Rabobank is predicting…