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Urea prices

tradingeconomics.com

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Re: Urea prices

#12

Post by hsuduebc2 »

Trasmatta wrote: post #3

Incredible how Trump ran on a "no wars" and "lower prices" platform. And that people actually believed it.

To be honest, the Fell for it again award goes to a lot of voters across the world. It has become a routine part of politics. What is fascinating is how confidently repeating almost any claim, over and over, is often enough to make people eventually believe it. "He wouldn’t have lied to us"

Re: Urea prices

#14

Post by flaminHotSpeedo »

throwaway27448 wrote: post #8
avalys wrote: post #5

Up 30% is not “nearly doubles”.

Where are you pulling this number from? I see a clear change from 350 to 585

350 was late last year. The text at the top of the linked page says prices are up about 30% over the past month. Directly prior to the war starting the price was about 470

Re: Urea prices

#15

Post by [deleted] »

alephnerd wrote: post #10
burnt-resistor wrote: post #2

LNG -> urea (fertilizer) -> food About half of all fertilizer is artificially created using fossil fuels. There is no undoing of this price shock because the planting and growing season has already arrived in the Northern Hemisphere. Expect grains to become more expensive and downstream food products like milk and cheese to increase a lot.

American Urea production is orthogonal to LNG production in the Gulf - most American NatGas is sourced domestically, from Canada, or the Carribean [0]. This will be a shock, but mostly in Asia where LNG is dependent on Gulf sourcing, but most of the larger Asian countries began investing in building alternative supply chains and the financial buffer to ride out these kinds of shocks. This isn't the first system shock…

[deleted]

Re: Urea prices

#16

Post by bediger4000 »

Trasmatta wrote: post #3

Incredible how Trump ran on a "no wars" and "lower prices" platform. And that people actually believed it.

You know what else will blow your mind? Mass media excusing Trump from blame, followed by a good Republican showing in the midterms. Trump will be the only president to escape punishment for inflation. Mark my words.

Re: Urea prices

#17

Post by belorn »

burnt-resistor wrote: post #2

LNG -> urea (fertilizer) -> food About half of all fertilizer is artificially created using fossil fuels. There is no undoing of this price shock because the planting and growing season has already arrived in the Northern Hemisphere. Expect grains to become more expensive and downstream food products like milk and cheese to increase a lot.

Most of the worlds bio fuel that we use to reduce emission in transportation comes from crops farmed to be turned into bio fuel. How will the increase in LNG then do to the price of bio fuels?

Re: Urea prices

#18

Post by Octoth0rpe »

Trasmatta wrote: post #3

Incredible how Trump ran on a "no wars" and "lower prices" platform. And that people actually believed it.

The value of the Trump presidency for his voters was never really about those issues, so much as who he was promising to hurt.

Re: Urea prices

#19

Post by Trasmatta »

bediger4000 wrote: post #16
Trasmatta wrote: post #3

Incredible how Trump ran on a "no wars" and "lower prices" platform. And that people actually believed it.

You know what else will blow your mind? Mass media excusing Trump from blame, followed by a good Republican showing in the midterms. Trump will be the only president to escape punishment for inflation. Mark my words.

I expect a very bad showing for Republicans in the midterms. They will almost certainly lose the House, and it's actually becoming possible that they will lose the Senate (which seemed laughable to even consider a year ago).

Re: Urea prices

#20

Post by tdeck »

bediger4000 wrote: post #16
Trasmatta wrote: post #3

Incredible how Trump ran on a "no wars" and "lower prices" platform. And that people actually believed it.

You know what else will blow your mind? Mass media excusing Trump from blame, followed by a good Republican showing in the midterms. Trump will be the only president to escape punishment for inflation. Mark my words.

The administration didn't even bother manufacturing consent this time and yet the media is acting like they did during the Iraq war. Democratic leaders are weakly pretending like they opposed the war but they really stalled the war powers resolution so it would happen before they forced the vote. Now they get to spend the first half of their statements condemning Iran and the second half weakly protesting about procedural issues and lack of an "exit strategy".
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