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Fertilizer industry participants at the Argus Mineral Fertilizers 2019 conference in Minsk discussed trends in CIS fertilizer production, trade and logistics. Experts predicted expansion of fertilizer production capacity in the CIS region.
Expanding CIS capacity could add fertilizer supply over time and ease prices, but the conference itself contains no new price-moving event for feed buyers.
asstra.usSep 24, 2019After 150 past report events, Urea moved a median +0.0% over 5 sessions (50% higher; middle half -2.3% to +2.7%), and +1.6% over 20.
Not enough comparable past events yet for a historical read.
After 156 past report events, DAP moved a median 0.0% over 5 sessions (45% higher; middle half -0.6% to +0.9%), and +0.9% 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.
