Member access

4-Traders Homepage  >  Shares  >  CAIRO AND ALEXANDRIA STOCK EXCHANGE  >  Orascom Construction Industries SAE    OCIC   EGS65901C018

SummaryNewsCalendarCompanyFinancialsConsensus 
News SummaryMost relevantAll newsSector news 

MARKET TALK: Nitrogen Fertilizer Prices Uncertain, Face Long-Term Pressure

10/30/2012 | 01:46pm US/Eastern

14:31 EDT - Nitrogen fertilizer prices for the first part of 2013 are uncertain, but don't expect wild swings, the University of Illinois says. Sees the current price of $853/ton climbing as high as $900 or low as $800 depending on how much corn farmers plant and the direction natural gas prices. But that pales in comparison to a swing from $1,151/ton in August 2008 to just $428 a year later. U of I says much higher prices are tough to envision barring "some world event." Adds that despite near-term stability, long-term various projects to expand industry capacity will weigh on prices. (ian.berry@dowjones.com; @enberry)

Call us at (212) 416-3100 or email patrick.sullivan@dowjones.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

React to this article
Latest news on ORASCOM CONSTRUCTION INDUS
03/18 ORASCOM CONSTRUCTION SAE : Face-to-face: Osama Bishai, Orascom Construction
03/16 ORASCOM CONSTRUCTION SAE : OCI N.V. to Effect Demerger on 7 March 2015 Feb 16
03/16 ORASCOM CONSTRUCTION SAE : OC-IPIC Consortium Signs Agreement with Egyptian Gove..
03/11 ORASCOM CONSTRUCTION SAE : Successfully Completes Dual Listing and Trades in UAE..
03/09 ORASCOM CONSTRUCTION SAE : to Commence Cairo Trading this Week
03/09 ORASCOM CONSTRUCTION SAE : Shares Begin Trading on NASDAQ Dubai
03/04 Golden Pyramids Plaza loses lawsuit in City Stars project Contract
03/04 EMAAR PROPERTIES PJSC : Orascom Constructions listings approved days before Econ..
02/22 ORASCOM CONSTRUCTION SAE : Industries shareholders approve corporate split of fe..
02/21 ORASCOM CONSTRUCTION SAE : Work under construction worth $5.6bn until September ..
Advertisement
Income Statement Evolution
More Financials
Dynamic quotes  
ON
| OFF