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DEF (diesel exhaust fluid) index prices at NOLA stabilized after a six-month escalation, but supply is short because five major urea producers started scheduled shutdowns lasting 4 to 8 weeks. Packaging and transport costs also continue to climb.
Urea plant shutdowns tighten nitrogen supply and raise distribution costs, which supports higher prices for urea-linked products and diesel-related logistics inputs.
jobbersworld.comJun 1, 2021Not 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.
Five major US urea producers began scheduled 4-8 week shutdowns, tightening near-term supply at NOLA and supporting prices on 2021-06-01.
Scheduled shutdowns at five major urea producers for 4-8 weeks tighten NOLA supply, which supports urea prices.
