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CRU Group experts say the EU has lifted import duties on nitrogen fertilizer from all countries except Belarus and Russia. They expect 2023 to bring more predictable fertilizer prices than the volatile 2022.
Removing EU duties on nitrogen imports eases supply for European farmers and adds downward pressure on urea and ammonia prices.
thescottishfarmer.co.ukJohn SleighJan 14, 2023After 34 past bearish policy events, Urea moved a median -0.8% over 5 sessions (38% higher; middle half -3.3% to +1.8%), and -4.5% over 20.
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.
