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International urea prices fell on the absence of an Indian tender and on Middle East, Baltic and Black Sea producers cutting prices. Iranian urea output is restarting, which will add supply from April.
Argentine wholesale nitrogen prices did not follow the global decline, while world phosphate prices rose on supply shortages and Chinese export uncertainty.
Falling global urea prices may lower Brazilian and Argentine import costs, though local Argentine prices are holding firm. Rising phosphate prices, supported by tight supply, add cost pressure to DAP and MAP.
dezbainspection.comMar 20, 2025Not 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.
