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World fertilizer prices continue to rise, with Indian potash contract prices up 59 percent to $445 per ton and the US Green Markets fertilizer index at a record. China and Russia are restricting nutrient exports, and flooding in Canada forced companies to seek alternative potash shipping routes.
Export restrictions from major producers and shipping disruptions tighten potash and urea supply, raising input costs for feed grain and livestock producers.
energynow.comNov 22, 2021Not enough comparable past events yet for a historical read.
After 176 past bullish trade events, Urea moved a median +0.1% over 5 sessions (51% higher; middle half -1.3% to +2.4%), and +1.6% over 20.
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.
