ARGENTINA: Nitrogen Fertilizer Purchases Accelerated to Lock in Prices Amid a Rising Market Trend

With summer crop planting underway, fertilizer demand in the Argentine market continued at a strong pace this week for both nitrogen and phosphate fertilizers. Urea was traded in the wholesale market this week at US$565–575/ton, adjusting toward the close to a minimum of US$575–580/ton, even though the CFR replacement value jumped significantly higher to settle […]