UK fertiliser markets firmed in the week, with Egyptian FOB urea prices rising $20/t on spot trades and UK importers raising prices, though still below replacement values. Phosphate prices eased as a global correction filtered through, while potash remained firm.
Firmer urea and potash quotes raise input costs for feed grain producers, while easing phosphate prices offer some relief; the moves are modest and reflect a seasonal lull.
Not 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.