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Fertilizer prices are firming modestly, with KAS nitrogen products rising to €19-20.50 per tonne and Black Sea urea around $202 per ton. Potash has stabilized at a slightly higher level after new contracts with India and China, while North Korea tensions add market nervousness.
Higher nitrogen and urea costs and firmer potash raise input costs for grain and feed producers, while energy and currency swings add upward pressure on fertilizer prices.
en.boerenbusiness.nlClarisse van der WoudeSep 5, 2017Not 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.
