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UK nitrogen prices are rising, with UK-produced ammonium nitrate at £250-260/t for September-December delivery. Traders expect CF Fertilisers to raise list prices by a further £10/t, supported by stronger urea markets, higher continental AN prices, high gas costs and a weak pound.
Higher nitrogen costs in Europe and a weaker pound raise fertiliser expenses for UK grain and forage growers, and strong demand suggests prices will keep firming through the autumn season.
fwi.co.ukSuzie HorneAug 23, 2018Not 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.
