Guess Who

Posted by Nogger - a legend in his own mind at 11:22 | Categorized as

07/10/11 -- Checking out the price of prilled urea FOB the Black Sea this morning I note that it's down USD37/tonne on last week. A hefty fall, and one sparked no doubt by the recent slump in the price of wheat.

According to my records urea FOB the Black Sea is now at it's lowest levels since early June, although still USD140/tonne above the 2011 lows set in April.

So who recently wrote "it's only a matter of time before that market starts to fall out of bed IMHO" as opposed to others saying, in the words of Yazoo, that the only way is up?