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European ammonium nitrate is in extremely short supply, with UK pricing running £15/t below Europe and supporting further UK increases. Urea markets stalled, with an Egyptian tender failing to attract buyers and UK urea stocks at an all-time low.
Phosphate markets are firming as buyers return.
Tight European nitrogen and firming phosphate supplies point to higher fertiliser input costs for feed grain and livestock producers during spring application.
farming.co.ukFeb 3, 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.
