Guggenheim China All-Cap ETF
Brent crude oil moves nitrogenous fertilizer prices
Brent crude oil price is a leading indicator for nitrogenous fertilizer revenues. When the price of Brent oil rises, it’s generally followed by a rise in ammonia prices.
Urea falls to 1,701 renminbi in China but utilization crashes
The impact of China’s urea prices China’s urea prices can have a significant impact on global fertilizer prices. Although the production cost of urea is on the higher end, as urea production uses a large source of nitrogen extracted using coal instead of natural gas, coal prices can have a significant impact on the cost […]
World urea prices fall to $320, negative for fertilizer stocks
Fertilizer prices: Influential to revenues The price of fertilizer is a key metric that influences fertilizer companies’ revenues. This is especially true for nitrogenous fertilizer producers because demand for their products, such as ammonia and urea, is more price inelastic compared to demand for potash and phosphate, as farmers must reapply them year-over-year to help […]