Chris Read
Member
Yara is warning of the potential for European shortages this winter.
But this analysis says that the situation may not be so dire after all. Fertiliser companies in my experience do have a - particular - habit of trying to talk up prices.
Fertilizer giant Yara warns of winter 'nitrogen shortages and price spikes' in Europe
Yara restated a caution of “shortages and price spikes” in Europe’s nitrogen fertilizer market, as the group, while reporting bumper profits overall, said that high gas prices were keeping some factories in the region closed. The Norway-based fertilizer giant said that the global nitrogen market...
grainpricenews.com
But this analysis says that the situation may not be so dire after all. Fertiliser companies in my experience do have a - particular - habit of trying to talk up prices.
ANALYSIS - Yara may be overplaying its hand, in European fertilizer price warning
Is Europe really so vulnerable to nitrogen shortages and price spikes, as Yara suggests? It is easy to see what the fertilizer producer is getting at, given that more than half the region’s own output capacity is mothballed, thanks to eye-watering costs of natural gas, a key raw material. Europe...
grainpricenews.com