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Yara restarted ammonia production at plants in Italy and France after curtailing output in March due to surging natural gas prices. The company said food and fertilizer prices are rising and that this is driving its production decisions.
Restarted ammonia output adds nitrogen supply, which may ease urea and ammonia prices somewhat while gas costs remain high.
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.