Loading…
Median realized nitrogen fertilizer prices for five producers were significantly lower in 4Q16 than in 4Q13. Average ammonia prices fell 38% in 4Q16 year over year, with urea down about 30%.
Lower prices offset gains from higher shipment volumes.
This is backward-looking company data that confirms the earlier price slump. It offers little new information for near-term nitrogen price direction.
marketrealist.comAdam JonesMar 7, 2017Not 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.
