Commodities
Industry figures divided on market’s future direction
Urea being prepared for export at Yantai Port in Shandong Province, China, on March 26. The Chinese government’s apparent authorization of exports has helped bring urea prices down from the recent peak they hit in late April. © Getty Images
JOSEPH RACHMAN and WATARU SUZUKI
BANGKOK/SHANGHAI — Fertilizer prices have fallen sharply since the end of April, providing relief for farmers battered by spikes following the outbreak of the Iran War. However, some industry insiders have warned that the market could remain turbulent for months.