NITROGEN ACCELERATION. DELTA OF PRICES BETWEEN DIRECTIONS GREATED 4 TIMES

Prices of Russian exporters for nitrogen fertilizers. In terms of export operations, the average actual prices for nitrogen mineral fertilizers continued to grow in May 2021.

The average actual price for 1 ton of nitrogen fertilizers in physical weight increased by 9.7% in May, reaching USD 277.4 against USD 252.9 in April. In the pair May 2021/2020, exporters achieved a 60.4% price increase.

In terms of 100% nutrients, the price per ton of nitrogen fertilizers amounted to USD 687.7 against 623.4 in April (+ 10.3%).

For recipients from distant countries, the purchase of nitrogen (in physical weight) cost $ 279.5 / ton against 224.7 in April. Post-Soviet countries bought for $ 258.6 / t against $ 247.6 in April.

The May delta between export destinations amounted to $ 20.9 against $ 5.3 in April. @agrorisk

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