Daily Archives: May 7, 2021

India netbacks ebb away at Profercy World Nitrogen Index

Following last week’s gains, the Profercy World Nitrogen Index has declined by over 3 points this week. The international market was understandably focused on the outcome of the latest Indian purchasing tender. India’s state purchasing agency MMTC closed the tender on 4 May for shipment by 21 June. The lowest offers for both the west…

May 7, 2021 Leave a commentGeneral, Nitrogen, Profercy World Nitrogen IndexBy Neha Popat

Q1 2021 results: Nutrien and CF Industries net earnings up on increased product selling prices

First quarter 2021 financial results released by both Nutrien and CF Industries this week have shown significant increases in their net earnings and EBITDA compared to the same period of last year. While sales volumes have declined at both producers compared to previously owing to lower production levels, the higher sales pricing for fertilizer products…

May 7, 2021 Leave a commentGeneral, NitrogenBy Neha Popat