Profercy World Nitrogen Index tracks sideways as urea standoff continues

The Profercy World Nitrogen Index remains stable this week, edging 0.19 points lower to 117.66. The index continues to find support from stable Black Sea prilled urea prices, owing to earlier sales to India. However, a lack of buying interest has resulted in producers in a number of other regions lowering their offers. In Egypt…

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Profercy World Nitrogen Index registers large gains as urea prices continue to ramp up

The Profercy World Nitrogen Index continues to surge ahead, last week increasing by 6.03 points to 117.45, registering gains that were last seen in August 2018. The increase is primarily down to advancing urea values in the east and west. With India securing just short of 700,000t of urea through the 30 July tender, and…

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