VIDEO: Global urea market oversupplied as demand fails to match availability
ICIS Editorial
13-Nov-2019
LONDON (ICIS)–Going into 2020, the urea market looks on a weaker footing as buyers in major markets such as Europe and the US are yet to show conviction.
Prices have declined 10-15% in 2019 as demand is lacking in major importing hubs. Adverse weather, political issues, currency and other economic concerns have kept buyers cautious for most of the year. Demand from India alone has been unable to support prices.
Managing editor Julia Meehan and senior editor manager Deepika Thapliyal discuss the outlook for next year.
Global News + ICIS Chemical Business (ICB)
See the full picture, with unlimited access to ICIS chemicals news across all markets and regions, plus ICB, the industry-leading magazine for the chemicals industry.
Contact us
Partnering with ICIS unlocks a vision of a future you can trust and achieve. We leverage our unrivalled network of industry experts to deliver a comprehensive market view based on independent and reliable data, insight and analytics.
Contact us to learn how we can support you as you transact today and plan for tomorrow.
READ MORE
