Alembic says: "According to our estimates the marginal cost of urea production currently sits at around USD280 per ton - above current trough-ish prices of USD250 per ton which already implied an upside potential to pricing. If this natural gas price is implemented we could easily see urea prices rally above USD300 per ton."
Ukraine promised to raise its utility tariffs and prices paid by households to unblock for a new $14.9 billion loan program with the IMF. The nation's National Commission for Energy Regulation decided to double from Aug. 1 the price paid for gas.
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