6/5/2024 End of Day Fertilizer Market Update
International
- Not much to share
- Will be watching to see if Egyptian nitrogen production turns on...and if it is too late
- If it restarts, will the bull fire continue to rip thru global urea?
- Or will the market see it and urea prices high...and reconsider their approach in early June?
- Paper trades today
- August CFR Brazil Urea Paper - $350 / $350 / $350
North America
- Lot of excitement. Lot of trade. All of it bullish.
- I'm tired so that's the update.
- Paper trades today
- July NOLA Urea Paper - $292 / $298 / $295 / $295 / $295 / $294 / $295 / $297
- August NOLA Urea Paper - $292 / $300 / $300 / $300 / $304 / $304 / $304 / $304
- September NOLA Urea Paper - $292
- Q3 '24 NOLA Urea Paper - $290 / $295
- Q4 '24 NOLA Urea Paper - $320
- Physical trades today
- Loaded NOLA Urea Physical - $302
- July NOLA Urea Physical - $289 / $292 / $293
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