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Retail fertiliser prices in the US rose across nitrogen, phosphate and potash last week, with average retail ammonia at $454 per ton, up more than $10. Gulf settlement for February stood at $290.25, implying March/April retail near $553.
Shipments from the Black Sea restarted, but spring supply is tight.
Higher US retail nutrient costs raise input expenses for corn and feed grain growers, and tight spring supply supports fertiliser prices into the application season.
vinachem.com.vnFeb 21, 2017Not 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.
