Profercy World Nitrogen Index falls further as US urea values tumble

The Profercy World Nitrogen Index (PWNI) has made its first significant decline in nearly two months, dropping by over 20 points this week, with the illiquidity currently seen in the urea market bringing with it lower cfr values. Market participants continue to wait for India‚Äôs IPL to announce a fresh purchasing inquiry for shipments into…