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US urea prices at the Gulf dropped $17 to just below $180 per ton amid a world market with many sellers and few buyers. Retail ammonia and urea costs were steady to lower, and Indian tender results added to the pressure.
Heavy global urea supply and weaker Gulf prices point to lower nitrogen input costs into summer, easing farm margins for corn growers.
vinachem.com.vnApr 27, 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.
