Fertilizer Producers Sector Update - Urea prices to remain elevated; robust dividend outlook
  • 20 May 2022
  • Sector Reports
We raise our global urea price assumption following our recent increases to our gas, oil & coal price forecasts. In Q1 2022, the average Middle East urea price rose 138.4% YoY to USD822/tonne before skyrocketing to over USD900/tonne in April; however, it