21/06/2024
This week saw a pause in Urea prices as the market is a bit unclear on price direction for the next few weeks. The hype generated by Egyptian outages has quietened down and traders are struggling to find good reasons to argue why prices should keep rising. It is early in the year for the Northern Hemisphere to be stocking up and Southern Hemisphere buying is ramping up in line with expectation for its spring application season.
Rand strength was...