# Urea producers extend order books into August with values ramping up further, PWNI hits new high

> Urea producers extended order books into August as values rose further, and the Profercy World Nitrogen Index reached its highest level since March 2014. North African FOB prices rose by up to $10/t, and US Gulf barges traded at $430/st FOB Nola for first-half June delivery.

- Date: 2021-06-04 · published 2021-06-04T12:00:00.000Z
- Category: market · region Global · magnitude medium
- Page: https://feedsoft.ai/events/6780-urea-producers-extend-order-books-into-august-with-values-ramping-up-further
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Tight supply and firm Chinese export restraint are lifting nitrogen fertilizer costs, which raises input costs for corn growers and points to higher corn-related pressure on feed margins.

## Read by commodity

- CORN: bullish ▲

## Sources

- profercy.com: https://www.profercy.com/insights/urea-producers-extend-order-books-into-august-with-values-ramping-up-further-pwni-hits-new-high

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.