Episode 973: Urea prices to keep declining until producers plan temporary shutdowns
The decline in urea prices has continued for over six months, with the market showing no signs of recovering, as buyers remain wary of stepping in.Several producers will soon be forced to go under maintenance if demand does not recover, and this is expected to lend support to prices in the second quarter.In this latest podcast, ICIS managing editor Julia Meehan speaks to urea editor Deepika Thapliyal and ammonia editor Sylvia Traganida on market trends and outlook.