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Dutch quotations for Nutramon and KAS nitrogen fertilizers have stayed stable for weeks, with farmers showing little purchasing interest. Low liquidity and manure accounting are holding back demand, and many farmers will buy again next year.
Prices remain well below 2018 and 2019 levels.
Weak farmer demand and stable quotes point to a flat nitrogen price outlook in the Netherlands in the near term. Any international urea strength would matter more over the longer run.
en.boerenbusiness.nlKimberly BakkerNov 25, 2020Not 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.
