May 2022: N fertilizer prices have fallen - price-related decline in consumption

start May 2022: Nitrogen prices down 30% – permanent? Towards the end of the main fertilizer season, N fertilizer prices are falling across the board worldwide. The international basket price index for granulated urea falls from just under $1,000 per t to below $700/t. KAS is quoted below €700/t at the German import ports. There are multiple reasons for the N price drop:...