Check Today's Blog: Good News From Upstream

May 10, 2013 05:27 AM
 

I've read a lot of good news from upstream this week. A complete breakdown of it all paints an optimistic picture for NPK in America. Downstream supplies of NPK are very healthy in North America, and feedstock is presently priced to encourage production.

Domestic nitrogen production has been strongly encouraged over the last several months, but is not expected to make the U.S. a net exporter of N until at least 2020.

North American phosphate production has been robust and feedstocks are exploring the downside in wholesale markets

Greenfield potash projects are no longer a possibility for companies who expect to turn a profit, and this may become problematic.

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