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By Jerry Spencer in Industry News on 10th Jan 2012 6:00
Bad news out of China confirms that China have now plugged most of the holes to stop fertiliser being exported.
Anything containing Phosphorus will now incur a flat 110% export tariff, and virtually everything else will incur an 87% export tariff this effectively means the Chinese government are increasing fertiliser costs by 80% … effective from 1st January 2012.
To quote…China will impose a 110 percent tariff on some fertilizer exports in December in order to ensure adequate domestic fertilizer supplies for the coming spring, according to a statement released Tuesday by the Ministry of Finance (MOF) http://www.china.org.cn/business/2010-12/01/content_21457218.htm; and http://www.terrabetter.net/html_news/fertilizerexporttarrif2012-42.html
So what does this mean in our marketplace:
Sadly an increase in some fertilisers and anything coming out of China will be considerably more expensive. However due to our close ties with the fertiliser industry we have been able to source quality economical product and while stocks last pricing increases will only be minimal. However, once stocks go this situation may well not continue.
It may pay to ask your current suppliers about future pricing of your fertilisers or failing that please feel free to contact us directly!!
The bottom line is get in early and save your clubs money and in reality this could be a significant amount of money you are saving them!
Please feel free to contact us re our Double Green Range of methylene urea compound NPK's for greens and fairways and our Inhibited Nitrogen range. Both of these are based on the low salt sulphate of potash and offer longevities of up to 12 weeks.
web: www.etpturf.com.au
phone: +61 3 8555 0641
Read more articles in Industry News, by Jerry Spencer or from January 2012.
