Chesher, Roger
October 2008
Farmers Weekly;10/24/2008, p20
Trade Publication
The article reports on a decline in urea prices across the world in October 2008. It is stated that the fall from $800 per ton to $360 was partly a reaction to the ongoing financial turmoil, but also because global demand for urea has largely dried up at the end of the usage period, leading to excess production. No one can see the price of ammonium nitrate rising again in the short term, but once the Indian deal is concluded in November, most pundits expect another spike in urea.


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