India to lead world demand for nitrogen fertilizer – economist

16 November 2011 23:08  [Source: ICIS news]

ST PETERSBURG, Florida (ICIS)--India’s demand for imported nitrogen fertilizers will lead the way to global records next year, an industry economist said on Wednesday.

“World demand for nitrogen fertilizers such as ammonia, urea and urea ammonia nitrate [UAN] is projected to reach 108.8m tonnes in 2012,” said NPK Fertilizer senor economist Glen Buckley.

India will lead the demand for nitrogen fertilizers as it does not have any domestic production, Buckley said.

“The fertilizer industry will need to operate its production facilities at a high rate of 90% to keep up with the coming demand,” Buckley said at the 2011 Fertilizer Outlook and Technology Conference sponsored by The Fertilizer Institute (TFI).

For the US, Buckley forecast that farmers in 2012 will plant 94m acres (38m ha) in corn, up from 91.9m acres planted in 2011 and higher than the modern-era record of 93.7m acres of corn planted in 2007.

The demand for nitrogen in the US to feed corn and other major crops in 2012 will total about 13.26m tonnes, Buckley said, adding that the continuing drought in Texas and elsewhere in the southern plains could reduce that figure.

Buckley predicted that the 2012 US corn crop would consume 4.5m tonnes of ammonia, with about 2m tonnes applied to soils this autumn and the remainder applied to fields ahead of planting in the spring.

For more on ammonia visit ICIS chemical intelligence

By: Frank Zaworski
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