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Strategies & Market Trends : Value Investing
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To: Elroy who wrote (56676)1/20/2016 12:14:02 AM
From: Shane M  Read Replies (1) of 76098
 
Do you have any insights on why UAN is hitting new lows other than market madness?
Lots of new capacity coming online also. I'm a longer term CF holder so am following from that view, but things do move fast. CF presentations fairly convincingly argued that even with the expansions marginal production cost (imports) would have sufficiently high price, but the winds are blowing against. Commodity prices tanking means less reason for farmers to invest in fertilizer.
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