Nitrogen Index registers greatest weekly decline of the year with global urea prices under pressure

Profercy’s World Nitrogen Index (PWNI) declined for the seventh consecutive week in a row, down 8.88 points week on week to 136.05 points. This is the single biggest week on week decline so far this year. Since early March, the Index has declined by a combined 31.56 points. With April through May shipments available in…