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German N fertilizer requirements, including KAS and urea, were lowered again. Cheaper imports, lower production costs and subdued demand are the stated reasons.
Falling European nitrogen prices reduce input costs for feed-grain producers and signal weak demand for nitrogen. The price trend is likely to persist while import competition remains strong.
zmp.deFeb 21, 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.
