ALERT 9/10/2013: Book Spring & Fall Urea

September 10, 2013 10:02 AM

After weeks of declines, urea showed signs of bottoming today. We recommend filling fall needs at current pricing and book 20%-40% of spring needs today. Prices have been in decline for over a year. We believe the market is near the floor as the Chinese tariff window is set to close in three weeks, Ukrainian N production struggles, and heavy springtime demand looms.

Book 20%-40% of spring urea needs and top off fall needs at current prices. Click here for more...

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