Capro prices ease for the first time in 5 months as Chinese compactors struggle

Amsul markets have eased for the first time since October. Throughout that time, capro amsul prices have been on an uninterrupted price run, increasing from under $110pt fob China to the low/mid-$150s pt fob. The decline comes as Chinese compactors face significant price pressure. Producers sold compacted amsul forward late last year basis standard capro…

PWNI continues to ascend with US Gulf urea values hitting highs seen nearly 7 years ago

The Profercy World Nitrogen Index has climbed further and continued in the same manner seen since the beginning of 2021, with urea values making gains across several regions this week. The one exception was China, where export values for both prilled and granular urea came under pressure earlier this week. With domestic demand remaining slow…