
Phosagro CEO Andrey Guryev, interviewed at the World Economic Forum, discussed a recent 500 million euro-denominated Eurobond placed at a record low coupon below 4%, five times oversubscribed. The interview also touched on Moody's upgrade of Russia's outlook and the company's weaker third-quarter earnings.
The story concerns financing and corporate sentiment rather than supply or demand for phosphate products, so its direct effect on fertilizer prices is minimal.
Not enough comparable past events yet for a historical read.
Not 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.