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Fertiglobe expects renewed fertilizer and urea demand early in 2024 to push ammonia prices higher over the year. The company is positive on deferred urea demand.
Expected demand recovery supports nitrogen prices, which feed into fertilizer costs for grain producers. The impact is an outlook rather than a confirmed supply change.
qcintel.comFeb 14, 2024Not 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.
