Nitrogen Input: Natural Gas Prices Continued to Rise Last Week
Natural gas prices can significantly impact the cost of production for nitrogen fertilizers for companies (XLB) such as CF Industries (CF), Nutrien (NTR), and CVR Partners (UAN). Natural gas prices also impact phosphate-fertilizer-producing companies such as Mosaic (MOS), which produce ammonium-based DAP and MAP (diammonium and monoammonium phosphate).