PWNI sinks lower as urea market activity stalls and Nola volatility continues
The Profercy World Nitrogen Index (PWNI) has declined by a significant amount for the second consecutive week. With both fob and cfr urea values sinking lower again, the Index has dropped 18.20 points to 403.41 this week. The Index has fallen by nearly 40 points over the past two weeks. Demand has yet to emerge…