Loading…
US fertilizer prices such as anhydrous and UAN32 have started to tick higher after several months of declines. Reports from China describe mine worker shortages, trucking disruptions and quote suspensions linked to the coronavirus outbreak.
Supply disruptions in China could tighten global fertilizer supply and make buyers pay more for nitrogen, so the early price upticks are worth watching.
farmprogress.comKevin Van TrumpFeb 13, 2020After 758 past bullish events of any kind, Urea moved a median +0.1% over 5 sessions (51% higher; middle half -1.6% to +2.7%), and +1.3% over 20.
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.
