IFA Inputs Project Team Chairman John Coughlan has said that recent nitrogen products price increases announced by Yara for September and October are totally unjustified, clearly demonstrating their market power as Europe’s leading nitrogen manufacturer.
IFA President Joe Healy has welcomed the publication by the EU Commission of a “Notice of initiation of a partial interim review of the anti-dumping measures applicable to imports of ammonium nitrate originating in Russia”.
25 11 2016
EU COMMISSION MUST ACT AS NITROGEN MANUFACTURERS PUSH THROUGH UNJUSTIFIED PRICE INCREASES – COUGHLANGrain, IFA in Brussels, Inputs
IFA Inputs Project Team Leader John Coughlan has said that leading European nitrogen manufacturers are attempting to push through unjustified further price increases in recent days for CAN and AN (ammonium nitrate) at a time when gas prices, which constitute 70% to 80% of the production, costs remain on the floor.