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Urea Prices Hit New Highs Last Week

Urea Prices Hit New Highs Last Week

Nitrogen fertilizer companies (XLB) CF Industries (CF), Nutrien (NTR), and CVR Partners (UAN) fell last week due to the broader market sell-off. But their fundamentals remained strong. Urea prices, for example, continued to make new highs last week, which is a continuation of the ascending trend we’ve seen since April.