Profercy World Nitrogen Index
Profercy’s Nitrogen Index utilizes key global nitrogen fertilizer prices to derive a value for nitrogen as a crop nutrient. The Index provides a useful and straightforward tool to gauge the overall health of the World market for nitrogen fertilizers.
For the latest detailed market analysis on global urea, ammonia, nitrates and ammonium sulphate, you can sign up for a no-obligation trial of the Profercy Nitrogen Service. To do so, please click here.
| Market Status: Soft | Week 47 2023 – Nitrogen Index registers steep decline and nears 2020 levels
Significant declines in nearly all major fob and cfr regions for urea, amsul and ammonia as well as international ammonium nitrate values led to a substantial 11.32 point decline in the PWNI to 150.22 points. Indeed, only the European nitrates and global UAN markets have shown price stability, although this has come at the expense of major illiquidity. Over the last two weeks, the Index has declined a combined 12.25 points as it nears 2020 levels. For a detailed overview of the latest developments in global nitrogen markets, as well as the latest regional market analysis and price assessments, you can receive a free trial of the Profercy Nitrogen Service. |
The Index is updated each week. An overview of the methodology can be found here.