This year, the seasonal demand for fertilizers in the international market will be delayed

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Last week, Nina Khangaldyan, head of market research and trade policy at Uralchem, a Russian fertilizer group, and IINA's senior consultant for Eastern Europe and Central Asia, predicted that demand for fertilizers in the European market will decline in 2012 compared to last year. 5% to 10%. She said that this forecast was made on the premise of the EU economy.

Khangaldyan pointed out that at the end of 2011 and early 2012, the price of fertilizer in Europe fell by 15% to 20%, and the decline in phosphate fertilizer and nitrogen fertilizer was the largest. She analyzed a number of negative factors in the European fertilizer market: In the United Kingdom, according to the results of regular sampling, the country’s soil nutrients have been saturated and the demand for chemical fertilizers will be reduced. In Ireland, due to the large amount of fertilizer stocks previously, new fertilizer demand will also be reduced this year. She also pointed out that the climate this winter has seriously affected the European market, and the seasonal demand for fertilizer will be delayed. In addition, the icing period of the Baltic Sea ports is longer than previous years and ice accumulation in the Black Sea ports has seriously affected the outflow of chemical fertilizers, which has had a negative impact on the fertilizer market.

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