The lifting of economic sanctions against Iran has been discussed in the oil sector, but Iran also has designs on increasing its national fertilizer production with the aim of becoming fertilizer self-sufficient. It has
DAP and MAP were mixed on the week as potash firmed. DAP $93.14 below year-ago pricing -- lower 34 cents/st on the week to $441.39/st. MAP $110.40 below year-ago -- higher 45 cents/st this week to $445.
Anhydrous is $169.77 below year-ago pricing -- lower $3.01/st this week at $480.48. Urea is $108.94 below the same time last year -- lower $2.13/st this week to $313.76. UAN28% is $65.86 below year-ago -
Anhydrous is $132.50 below year-ago pricing -- lower $2.20/st this week at $583.01. Urea is $93.51 below the same time last year -- lower $1.46/st this week to $370.55. UAN28% is $60.43 below year-ago -- lower 41
Anhydrous is $99.55 below year-ago pricing -- higher $6.14/st this week at $484.41. Urea is $17.06 below the same time last year -- higher $7.60/st this week to $354.22. UAN28% is $40.51 below year-ago -
I was fiddling around with my charts this week and I noticed something very interesting in potash. When compared to expected new-crop revenue, there have been a number of points at which potash seems to have indicated to