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CRU analyst Laura Cross expects urea and ammonia prices to soften into 2Q19 as Chinese seasonal exports resume, before stabilising. The outlook also cites China capacity closures and an interim tightness period from 2019 to 2022.
Softer nitrogen prices in the first half of 2019 lower fertilizer input costs for grain and forage producers, while later tightness could lift prices again.
worldfertilizer.comRobyn WainwrightFeb 7, 2019Not 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.
