World fertilizer prices continue to soar
[2008-6-20]
Tag: potassium hydrogen phosphate
World fertilizer prices doubled in 2007but the price of phosphatefertilizers then doubled again, and all fertilizer prices rose, inthe 3 months from February through April 2008. The effects onglobal fertilizer prices of the devastating May 12 earthquake inSichuan Province, Chinaa major production area for nitrogen and phosphorus fertilizersare yet to be determined, according to Eurekalert, the news service of the American Association for the Advancement of Science.
China had already imposed dramatic new export duties on fertilizer,to keep it in the country, effective April 20. New tariffs onnitrogen fertilizers are 130% through September. Tariffs ondiammonium phosphate (DAP) and other phosphorus fertilizers are now135% and will run through December.
Soaring fertilizer prices affect the rural poor ,especially in Sub-Saharan Africa, the worlds poorest region, saysD r. Amit Roy, President and CEO of IFDCan International Center for Soil Fertility and Agricultural Development.
High commodity prices allow commercial farmers in developed countries to cope with high fertilizer prices. But rising foodprices generally hurt subsistence farmers, particularly in Africa.Those farmers consume mostor allof their meager harvests.
Those farmers desperately need fertilizers not only to feed theirfamilies but also to replenish their nutrient-depleted soils. The current fertilizer situation stesses that we need more research to increase fertilizer efficiency.
A woman farmer in Togo applies urea fertilizer to her crop. Hardesthit by the current high prices of food and fertilizer are hundredsof millions of small farmers in...
Click here for more information.
Soaring prices
The price of DAP increased by five times over the past 15 months.DAP sold for about US $252 per metric ton in January 2007, thenalmost tripled to $688 by January 2008and doubled again, to about$1,230 per ton over the past 3 months.
The price of muriate of potash (MOP), the most common source ofpotassium, rose from $172 to $288 in 2007. By late April 2008, MOPsold for $500 per ton.
The price of urea, the worlds most common nitrogen fertilizer,rose from about $277 to $405 per ton in 2007 and is now about $452per ton.
Raw materials for fertilizer production
Fertilizers are combinations of the nutrients that plants must haveto grow. The most essential elements are nitrogen, phosphorus, andpotassium.
Prices of phosphate and potash fertilizers are rising more steeplythan the price of nitrogen-based urea because production sourcesare more limited, Roy explains. Most of the worlds phosphate forfertilizer is mined and thus, an unrenewable resource.
Phosphate fertilizers are manufactured mostly in the United States,Morocco, and along the Baltic Sea. All potash, the source ofpotassium, is mined. Canada produces 40% of the worlds annual 44million tons of potash, followed by Russia and Belarus.
The air around us is 80% nitrogen. Energy, mainly natural gas, isused to convert atmospheric nitrogen to usable forms such asammonia and urea. Natural gas is also the main raw materialresource to provide hydrogen needed in urea production. Thats whyurea plants are dispersed in oil-producing regions worldwide.
Integrated Soil Fertility Management (ISFM) offers more efficientfertilizer use in Africa
IFDC is developing and implementing application technologies toincrease the efficiency of fertilizers for smallholder farmers.
IFDC has pioneered in the development of Integrated Soil FertilityManagement, or ISFM, as a tool to improve the efficiencyand thusthe profitabilityof fertilizer use for smallholder farmers inSub-Saharan Africa, says Dr. Henk Breman, IFDC Expert Adviser,Environment and Agronomy, based in Rwanda.
In ISFM, both organic and inorganic sources of plant nutrients,including mineral fertilizers, crop residues, phosphate rock, andlime, are combined as soil amendments to produce higher yields.ISFM has improved soil fertility for 150,000 farmers in West Africaand is being expanded to reach 1 million farm families or 10million people.
Urea deep placement in Bangladesh
Amit Roy points out urea deep placement (UDP), or the insertion oflarge briquettes of urea fertilizer into the root zone oftransplanted rice, as a technology to increase efficiency offertilizer use.
Most rice farmers in Asia broadcast urea directly into thefloodwater, Roy says. Two of every three bags are lost to the airas greenhouse gases or become pollutants of groundwater.
IFDC directed pioneering research to develop UDP and introduced itinto Bangladesh in the 1980s. By 2006, more than half a millionfarmers in Bangladesh had adopted UDP and were reducing urea use by40% while increasing yields by 25%: about 1 ton/ha. Their netreturn is $188/ha more than farmers who broadcast urea. UDP hassaved 15,000 tons of urea, as yields have increased, reducinggovernment fertilizer subsidies by $7.5 million.
The Government of Bangladesh is expanding UDP to another 1.6million Bangladeshi farm families on almost 1 million hectares.IFDC has also introduced UDP technology to Cambodia, Vietnam,Nepal, Nigeria, Mali, Togo, and Malawi. Discussions are ongoingwith entrepreneurs in Nigeria, who are interested in manufacturingbriquette machines.
World fertilizer prices doubled in 2007but the price of phosphatefertilizers then doubled again, and all fertilizer prices rose, inthe 3 months from February through April 2008. The effects onglobal fertilizer prices of the devastating May 12 earthquake inSichuan Province, Chinaa major production area for nitrogen and phosphorus fertilizersare yet to be determined, according to Eurekalert, the news service of the American Association for the Advancement of Science.
China had already imposed dramatic new export duties on fertilizer,to keep it in the country, effective April 20. New tariffs onnitrogen fertilizers are 130% through September. Tariffs ondiammonium phosphate (DAP) and other phosphorus fertilizers are now135% and will run through December.
Soaring fertilizer prices affect the rural poor ,especially in Sub-Saharan Africa, the worlds poorest region, saysD r. Amit Roy, President and CEO of IFDCan International Center for Soil Fertility and Agricultural Development.
High commodity prices allow commercial farmers in developed countries to cope with high fertilizer prices. But rising foodprices generally hurt subsistence farmers, particularly in Africa.Those farmers consume mostor allof their meager harvests.
Those farmers desperately need fertilizers not only to feed theirfamilies but also to replenish their nutrient-depleted soils. The current fertilizer situation stesses that we need more research to increase fertilizer efficiency.
A woman farmer in Togo applies urea fertilizer to her crop. Hardesthit by the current high prices of food and fertilizer are hundredsof millions of small farmers in...
Click here for more information.
Soaring prices
The price of DAP increased by five times over the past 15 months.DAP sold for about US $252 per metric ton in January 2007, thenalmost tripled to $688 by January 2008and doubled again, to about$1,230 per ton over the past 3 months.
The price of muriate of potash (MOP), the most common source ofpotassium, rose from $172 to $288 in 2007. By late April 2008, MOPsold for $500 per ton.
The price of urea, the worlds most common nitrogen fertilizer,rose from about $277 to $405 per ton in 2007 and is now about $452per ton.
Raw materials for fertilizer production
Fertilizers are combinations of the nutrients that plants must haveto grow. The most essential elements are nitrogen, phosphorus, andpotassium.
Prices of phosphate and potash fertilizers are rising more steeplythan the price of nitrogen-based urea because production sourcesare more limited, Roy explains. Most of the worlds phosphate forfertilizer is mined and thus, an unrenewable resource.
Phosphate fertilizers are manufactured mostly in the United States,Morocco, and along the Baltic Sea. All potash, the source ofpotassium, is mined. Canada produces 40% of the worlds annual 44million tons of potash, followed by Russia and Belarus.
The air around us is 80% nitrogen. Energy, mainly natural gas, isused to convert atmospheric nitrogen to usable forms such asammonia and urea. Natural gas is also the main raw materialresource to provide hydrogen needed in urea production. Thats whyurea plants are dispersed in oil-producing regions worldwide.
Integrated Soil Fertility Management (ISFM) offers more efficientfertilizer use in Africa
IFDC is developing and implementing application technologies toincrease the efficiency of fertilizers for smallholder farmers.
IFDC has pioneered in the development of Integrated Soil FertilityManagement, or ISFM, as a tool to improve the efficiencyand thusthe profitabilityof fertilizer use for smallholder farmers inSub-Saharan Africa, says Dr. Henk Breman, IFDC Expert Adviser,Environment and Agronomy, based in Rwanda.
In ISFM, both organic and inorganic sources of plant nutrients,including mineral fertilizers, crop residues, phosphate rock, andlime, are combined as soil amendments to produce higher yields.ISFM has improved soil fertility for 150,000 farmers in West Africaand is being expanded to reach 1 million farm families or 10million people.
Urea deep placement in Bangladesh
Amit Roy points out urea deep placement (UDP), or the insertion oflarge briquettes of urea fertilizer into the root zone oftransplanted rice, as a technology to increase efficiency offertilizer use.
Most rice farmers in Asia broadcast urea directly into thefloodwater, Roy says. Two of every three bags are lost to the airas greenhouse gases or become pollutants of groundwater.
IFDC directed pioneering research to develop UDP and introduced itinto Bangladesh in the 1980s. By 2006, more than half a millionfarmers in Bangladesh had adopted UDP and were reducing urea use by40% while increasing yields by 25%: about 1 ton/ha. Their netreturn is $188/ha more than farmers who broadcast urea. UDP hassaved 15,000 tons of urea, as yields have increased, reducinggovernment fertilizer subsidies by $7.5 million.
The Government of Bangladesh is expanding UDP to another 1.6million Bangladeshi farm families on almost 1 million hectares.IFDC has also introduced UDP technology to Cambodia, Vietnam,Nepal, Nigeria, Mali, Togo, and Malawi. Discussions are ongoingwith entrepreneurs in Nigeria, who are interested in manufacturingbriquette machines.
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