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CRU Group describes its Fertilizer Week short-term price forecast service, covering urea, DAP, sulphur, potash, ammonia and NPKs. The piece is a product overview and contains no new price move or market event.
The article offers no new supply or demand development, so it has little direct effect on feed ingredient or fertiliser prices.
crugroup.comAuthor Ben Farey NitrogenMay 19, 2017After 150 past report events, Urea moved a median +0.0% over 5 sessions (50% higher; middle half -2.3% to +2.7%), and +1.6% over 20.
Not enough comparable past events yet for a historical read.
After 156 past report events, DAP moved a median 0.0% over 5 sessions (45% higher; middle half -0.6% to +0.9%), and +0.9% over 20.
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.
