Really interesting. It made me curious to dig in and learn that urea production starts with natural gas. And if you add natural gas to the chart as well urea and natural gas prices generally track together without a lag either way, except natural gas doesn't have the recent uptick seen in urea.
I guess the recent move in urea likely isn’t coming from energy costs, something fertilizer-specific, exports, shipping, or supply?
I guess the recent move in urea likely isn’t coming from energy costs, something fertilizer-specific, exports, shipping, or supply?
Or it's just noise \_(ツ)_/