12/09/2024 End of Day Fertilizer Market Update
International
- Paper trades today
-
- January Brazil Urea @ $353/$356 (last traded $342 on 11/26))
- January Egypt Urea @ $377.5 (up $2.5 from yesterday's settlement)
-
North America
- Paper trades today
- February NOLA Urea @ $340/$340/$343 (traded $330 yesterday)
- March NOLA Urea @ $343 (traded $338 yesterday)
- May NOLA Urea @ $335/$335 (unchanged from yesterday's trade)
- Physical trades today
- January NOLA Urea @ $327/$327 (traded $320 yesterday)
- 2H Jan / 1H Feb NOLA Urea @ 335
- March NOLA Urea @ 340 (haven't been any trades in the last several weeks)
- December NOLA Urea @ $325 (traded $320 yesterday)
This material should be construed as the solicitation of an account, order, and/or services provided by the FCM Division of StoneX Financial Inc. (“SFI”) (NFA ID: 0476094) or StoneX Markets LLC (“SXM”) (NFA ID: 0449652) and represents the opinions and viewpoints of the author. It does not constitute an individualized recommendation or take into account the particular trading objectives, financial situations, or needs of individual customers. Additionally, this material should not be construed as research material. The trading of derivatives such as futures, options, and over-the-counter (OTC) products or “swaps” may not be suitable for all investors. Derivatives trading involves substantial risk of loss, and you should fully understand the risks prior to trading. Past results are not necessarily indicative of future results.
All references to and discussion of OTC products or swaps are made solely on behalf of SXM. All references to futures and options on futures trading are made solely on behalf of SFI. SXM products are intended to be traded only by individuals or firms who qualify under CFTC rules as an ‘Eligible Contract Participant’ (“ECP”) and who have been accepted as customers of SXM.
SFI and SXM are not responsible for any redistribution of this material by third parties, or any trading decisions taken by persons not intended to view this material. Information contained herein was obtained from sources believed to be reliable, but is not guaranteed as to its accuracy. Contact designated personnel from SFI or SXM for specific trading advice to meet your trading preferences.
Reproduction or use in any format without authorization is forbidden.
© Copyright 2024. All rights reserved.