CAN prices hold steady despite upward pressure
Published 01/02/2011 | 05:00
CAN was still being purchased last week for €300/t by buyer groups, and big individual buyers, despite significant upward pressure on prices.
However, quotes in the latest IFA fertiliser price survey show a variation of up to €30/t between merchants.
Quotes for big bags of CAN delivered in Munster ranged from €295 to €325/t and from €310 to €325/t in Connacht.
Quotes in north Leinster ranged from €300 to €330/t, while in south Leinster prices were in the range €300-325/t.
Buyers in Ulster were being quoted €305-335/t.
Urea prices ranged from €380/t at the bottom end of the market to €440/t at the top.
IFA inputs team leader Chris Hayes said the best deals were available from some merchant who purchased stocks early in the season. He said quotes were particularly competitive where favoured customers were in danger of being poached by other merchants.
Farmers in Munster were being quoted €390-410/t for big bags of urea delivered, while the range in Ulster was wider at €385-435/t.