Spanish corn planting delays could see acreage decrease: SPAIN

摘要

Application of UAN and urea on corn is finishing, and the attention of the market has turned to new season buying. Fertiberia’s Puertollano plant continues to be down for maintenance, with production due to restart next week. The producer sees product priced at European dollar 170-175 fca. There are some concerns in the market that due to the delays in corn planting owing to the weather, some farmers will be planting sunflowers or sorghum instead, which takes less nitrogen. Helm has reportedly lowered its prices at its tanks in Barcelona and Huelva to European dollar 165 fca, while other product is available at European dollar 170 ex-tank. Trammo has a vessel with 7-11,000 t Egyptian UAN due to discharge in Barcelona, Seville and Valencia, thought to be for Herogra. This week’s Abu Qir tender did not receive much interest for Spain, owing to its shipment date possibly stretching until 10-12 July, which was considered too late for this season.