Fertiliser markets tight on firm demand and project delays

摘要

Demand for fertiliser is steadily increasing in response to a positive agricultural market, says the International Fertiliser Industry Association (IFA) in its new report Medium-Term Fertiliser Outlook 2012-2016. However, the report warns that expansion of supply is still delayed because of schedule slippages for about half of projects. On the demand side, tight market conditions for maize and oilseeds provide strong incentives for fanners to increase productivity and optimise their return. The report says that world fertiliser demand is up by 2.8% in 2011/12, and by another 2.5% in 2012/ 13, to reach 181 mt of nutrients (nitrogen, phosphate and potassium).