French fertilizer purchases are below their usual levels, according to Olivier Torsy, president of the nutrients section of France Fertilisants and ICL’s France sales manager. Nitrogen purchases are 5–10% behind normal, while phosphate and potash purchases are 25–30% behind.
Slower buying points to softer near-term demand for nitrogen, phosphate, and potash fertilizers and could weigh on prices if the delayed purchases are not made later in the season.
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.