UK granular urea prices are beginning to rebound after seasonal weakness, with a reported upside risk of about £200/t against ammonium nitrate. Dutch and UK gas futures have jumped, pointing to higher nitrate prices or production curtailments.
Phosphates and potash remain flat at all-time highs.
Rising gas prices and possible nitrogen curtailments in Europe support higher urea costs, while phosphate and potash remain elevated, raising input costs for livestock feed production.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not 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.