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A monthly fertiliser market review reports that September saw notable price increases in the Arabian Gulf, Brazil, Egypt and NOLA, while Chinese yellow phosphorus and urea prices fell. China's urea inventories rose to about 1 million MT and potash prices were stable at about USD 343/MT FOB.
Rising prices in key import regions and high Chinese urea output signal mixed fertilizer cost pressure for feed grain producers, with urea bearish from China but firm elsewhere.
waypointcommodities.comOct 2, 2024Not enough comparable past events yet for a historical read.
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.
