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Urea prices in Brazil rose to $476–488/t CFR in late October from $464–482/t a week earlier. The increase followed a sharp rise in European gas prices, with Dutch TTF exceeding €90/MWh and pushing northwest European production costs higher.
Higher nitrogen costs squeeze farm margins and may shift planting decisions, while natural gas-driven cost increases underpin fertilizer prices broadly.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.