Member access

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

SummaryNewsCalendarCompanyFinancialsConsensusRevisions 

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

10/30/2012 | 01:46pm US/Eastern
Recommend:
0

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

Recommend :
0
React to this article
Latest news on ORASCOM CONSTRUCTION INDUS
03/06 ORASCOM CONSTRUCTION INDUSTRIES SAE : Orascom Cleared Of Tax Evasion Allegations
03/06 Orascom Construction cleared of tax evasion accusation
03/05 OCI : N.V. - Egyptian Public Prosecutor Fully Exonerates Orascom Construction In..
03/04 OCI : Orascom Construction Industries acquitted of Tax Evasion
03/04 OCI : Public Prosecutor Fully Exonerates Orascom Construction of Tax Evasion Cla..
03/02 OCI : N.V. launches additional tender offer extension for local shares in OCI
02/12 ORASCOM CONSTRUCTION INDUSTRIES SAE : OCI incurs LE 628 m loss in 9 months
01/15 OCI : N.V. Launches Second Tender Offer Extension for Local Shares in Orascom Co..
01/14 ORASCOM CONSTRUCTION INDUSTRIES SAE : Egypt's tax authority takes OCI to public ..
01/05 ORASCOM CONSTRUCTION INDUSTRIES SAE : OCI delayed in paying the second installme..
Advertisement
Dynamic quotes  
ON
| OFF