
The update reports that urea prices faced pressure amid limited buying, high inventories and India delaying an expected tender. Processed phosphate and potash prices were also under pressure from weak demand and high inventories, while ammonia prices strengthened as European gas costs, production curtailments and reduced availability tightened supply.
Weak buying and ample stocks weigh on urea, processed phosphate and potash prices, while tighter ammonia availability and higher gas costs support ammonia prices. These divergent fertilizer trends affect growers’ input costs and purchasing decisions.
Not 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.
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.