Loading…
ICIS analyst Deepika Thapliyal says global nitrogen and phosphate prices are softer, with urea, nitrates, phosphates and potash lower than a year ago. Ammonia and sulphuric acid are higher, and gas supply concerns in Europe have eased.
Lower nitrogen and phosphate values offer some relief for buyers, though a Malaysian plant shutdown keeps regional availability tight. Expect limited downside until supply tightness clears.
farmonline.com.auGregor HeardJun 9, 2024Not 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.
