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CBH Group offers its Grain for Fert finance product, letting growers swap grain for fertilizer at variable rates of 2.95% to 6.20%. The notice also lists market comments on phosphates and nitrogen, including India's reduced urea tender purchase of 800,000 tonnes against 1.4 million tonnes of interest.
The product is a marketing offer, but its commentary on India's smaller tender shows the import demand that supports global urea prices.
cbh.com.auJun 1, 2021Not 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.
