Fresh imports spark CAN price drop of €9/t
CAN prices in the northeast were reported to have fallen by €9/t last week after a boatload of product was brought into Greenore, Co Louth.
The 5,000t load of CAN is understood to have been imported independently.
Farmer reports indicate a huge variation in prices and credit terms across the country, with the keenest quotes available in Leinster.
The best quotes for CAN are now available in the northeast, where the price has eased back to €300/t for volume purchases. However, up to €350/t is being quoted in the south and west for small quantities.
The continuing battle for custom between merchants in the southeast has resulted in prices for 27-2.5-5 and 24-2.5-10 easing back by €10-20/t.
According to the latest IFA price survey, 27-2.5-5 is now available for €400-440/t, with 24-2.5-10 costing €5/t more.
Urea is being quoted at €410-460/t, with the best prices again available in Leinster.
Prices in Munster are at €435-455/t. However, prices as high as €460/t have been offered in Connacht.
Quotes for 18-6-12 are at €420-455/t , while 10-10-20 is selling for €460-495/t.
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