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Fertilizer prices are expected to float along through December and early February, followed by a typical spring seasonal rise. Three new US nitrogen plants are starting up, and China has temporarily closed some plants because of overcapacity and low prices.
New US nitrogen capacity should keep supply ample, though delayed plant startups could cause a short price rise. Chinese restarts would add export supply if prices climb.
manitobacooperator.caDave Sims, GFM Network NewsDec 8, 2016Not 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.
