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...
