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EuroChem reported record FY2021 EBITDA of $3.9 billion on sales of $10.2 billion, with sales up 66% on higher prices and output. Potash sales reached 5 million tonnes and capex rose to $1.24 billion.
Strong fertilizer producer earnings reflect a favorable pricing environment, signaling tight nutrient markets that support higher fertilizer costs for feed grain growers.
eurochemgroup.comFeb 16, 2022After 76 past bullish report events, Urea moved a median 0.0% over 5 sessions (49% higher; middle half -2.2% to +2.9%), and -0.3% over 20.
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.
