Loading…
Urea prices are climbing toward USD 500/tonne FOB Egypt, with MOPCO's March shipment price at USD 459/tonne. Middle East urea is near USD 450/tonne FOB, and India is expected to seek over 1 million tonnes in an upcoming tender after securing only 558,900 tonnes in January.
Potash prices are rising on strong US demand and possible tariffs on Canadian imports, while ammonia is expected to fall on oversupply.
Expected Indian tender demand and firm US buying support urea prices, raising nitrogen input costs for grain producers and feed-grain supply costs.
czapp.comStein Chingen HauganFeb 17, 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.
