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Ukrainian farmers and traders are preparing for spring fertilizer demand after a disruptive 2018 that stopped Ukrainian plants during the 2017 spring season. Stocks of ammonium nitrate and substitutes totaling about 590,000 tons were reportedly bought since 2017, roughly 60% of the requirement.
Early buying and stockpiling reduce the risk of a spring price spike for nitrogen fertilizers, but any further plant outages could tighten supply quickly and lift urea and ammonium nitrate prices.
infoindustria.com.uaМихаил СаницкийFeb 18, 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.
