Episode 682: CF and Yara curtailing fertilizer production sends ripples across the global markets
Fertilizer manufacturing and its by-product C02 is headline news in the UK, but the story of CF Industries closing ammonium nitrates production has by far bigger ramifications for the global market.Across the fertilizer chain, inventories are low following a period of planned and unplanned outages and strong demand in H1 2021, which means that the availability of key nitrogen fertilizers is already limited.Prices are moving up on a daily basis for all nitrogen fertilizers and the demand season has only just started. Some are already above 2007-2008 economic crisis levels.Tune in to the ICIS Fertilizer team giving their views on the current market situation and how it is being felt across the globe.
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Fertilizer manufacturing and its by-product C02 is headline news in the UK, but the story of CF Industries closing ammonium nitrates production has by far bigger ramifications for the global market.Across the fertilizer chain, inventories are low following a period of planned and unplanned outages and strong demand in H1 2021, which means that the availability of key nitrogen fertilizers is already limited.Prices are moving up on a daily basis for all nitrogen fertilizers and the demand season has only just started. Some are already above 2007-2008 economic crisis levels.Tune in to the ICIS Fertilizer team giving their views on the current market situation and how it is being felt across the globe.
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