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European fertilizer trading is quiet, with KAS nitrogen fertilizer quoted at €27-34 per 100 kg and largely stable. Farmers4All weekly data show potash falling sharply in week 29, from €69.80 to €50.80 per 100 kg, while triple superphosphate also declined.
Lower European potash prices reflect demand lagging high post-invasion prices and supply shifting away from Belarus and Russia. Global nitrogen prices are rising, which keeps fertilizer costs for feed grain production under some pressure.
en.boerenbusiness.nlJesse TorringaJul 19, 2023Not 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.
