All quiet on the nitrates and sulphates front

摘要

As Covid-19 sweeps through Europe and the US, eliciting lockdowns and states of emergency, nitrates and sulphates markets appear stunned and activity is limited across the board. Ammonium Nitrate & CAN In the dry nitrates market, some concerns around Italian CAN supply have been voiced following the Covid-19 crisis and subsequent lockdown but failed to make an impact on price which is unsurprising given the Western European dry nitrates market has long been depressed by ongoing rainfall. As such, OCI has again delayed announcing its new nitrates prices, after pulling away from the market on February 27.