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Vinachem's outlook says global N-P-K prices are relatively stable, held back by low crop prices and abundant inventories. US anhydrous ammonia is around $392 on average, while Gulf urea eased to $197.50 as India backed away from a tender.
Abundant supply and India's pullback from tenders keep urea under pressure, while weak crop prices limit fertiliser demand. The outlook points to stable to softer nitrogen prices.
vinachem.com.vnAug 29, 2017Not enough comparable past events yet for a historical read.
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.
