US NOLA: Urea loses $2/st, but bears still in control

摘要

New Orleans barge urea ended the market week down an average of $2/st at $214-217/st FOB. This is after several weeks of efforts by some players to prop up the market finally gave way to pressures from the closure of the upper Mississippi River and indications that southern markets have most of what they will need to get through the fall season.