The abolition of the EU’s anti-dumping duty on Russian ammonium nitrate could cut the price of CAN and high nitrogen compounds in Ireland by over €30/t. The review of the anti-dumping duty of up to €47/t on ammonium nitrate will take up to 18 months to complete.
Although ammonium nitrate is not used as a straight in Ireland, it is a constituent of CAN and used in compounds, so it is influential in their prices.
“If it [the duty] was abolished and the savings were fully passed back to farmers, then the savings could be over €30/t on these fertilisers,” said John Coughlan, chair of IFA’s inputs project team.
ADVERTISEMENT
IFA is also seeking the abolition of other general tariffs on imports of non-EU fertiliser. That would save Irish farmers an estimated €32m per annum and EU farmers €1bn.
Register for free to read this story and our free stories.
This content is available to digital subscribers and loyalty code users only. Sign in to your account, use the code or subscribe to get unlimited access.
The reader loyalty code gives you full access to the site from when you enter it until the following Wednesday at 9pm. Find your unique code on the back page of Irish Country Living every week.
CODE ACCEPTED
You have full access to the site until next Wednesday at 9pm.
CODE NOT VALID
Please try again or contact support.
The abolition of the EU’s anti-dumping duty on Russian ammonium nitrate could cut the price of CAN and high nitrogen compounds in Ireland by over €30/t. The review of the anti-dumping duty of up to €47/t on ammonium nitrate will take up to 18 months to complete.
Although ammonium nitrate is not used as a straight in Ireland, it is a constituent of CAN and used in compounds, so it is influential in their prices.
“If it [the duty] was abolished and the savings were fully passed back to farmers, then the savings could be over €30/t on these fertilisers,” said John Coughlan, chair of IFA’s inputs project team.
IFA is also seeking the abolition of other general tariffs on imports of non-EU fertiliser. That would save Irish farmers an estimated €32m per annum and EU farmers €1bn.
If you would like to speak to a member of our team, please call us on 01-4199525.
Link sent to your email address
We have sent an email to your address. Please click on the link in this email to reset your password. If you can't find it in your inbox, please check your spam folder. If you can't find the email, please call us on 01-4199525.
ENTER YOUR LOYALTY CODE:
The reader loyalty code gives you full access to the site from when you enter it until the following Wednesday at 9pm. Find your unique code on the back page of Irish Country Living every week.
SHARING OPTIONS