Insights: Profercy World Nitrogen Index

Profercy’s Nitrogen Index hits new multi-year high as urea values spike in the US Gulf

Urea market rallies in the west, while east continues to await Indian announcement

Optimism returns to the urea market as paper market surges pre-Indian tender; physical markets slow to react

As September comes into view, supply pressure mounts on producers

Chinese urea offers sink on weak domestic demand, escalating freight rates and delayed Indian tender

Nitrogen Index declines: Eastern urea producers look to India to place September shipments, demand emerges in Brazil

Sensing further weakness ahead, urea buyers step back from the market or lower bids

China's return to the international urea market ends bull run

Profercy World Nitrogen Index gains 66% during 1H 2021

PWNI makes small gains, but is set to move higher with India facing offers over $500pt cfr in latest urea tender

Urea values remain firm as market awaits news regarding new Chinese export tax

Urea producers extend order books into August with values ramping up further, PWNI hits new high

Urea prices rally: PWNI continues to make strong gains, closing in on highs reached in March

Sharp gains in Egypt and AG drive PWNI up by over six points

PWNI climbs on bullish factors despite small Indian purchase

India netbacks ebb away at Profercy World Nitrogen Index

PWNI sinks lower as North African urea producers accept lower fob prices to place May shipments

PWNI makes single biggest WoW drop this year as urea declines further

PWNI continues to descend as urea market seeks post India price floor