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German nitrogen fertilizer prices fell again, and KAS and urea are seeing weak demand. Some market participants expect further downward price corrections.
Weak buying interest with falling offers points to continued softness in European nitrogen prices.
zmp.deNov 29, 2022Not 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.
German nitrogen prices fell on weak demand with more downside expected, which reinforced bearish sentiment in European urea on the move date.
