CAN

Germany:

CAN prices in Germany declined €5/mt this week, to €255-€265/mt CIF as the current season draws to a close. Market participants expect further price corrections following the downtrend in urea, compounding the low ebb of the season.

While some suppliers remain hopeful for a small wave of just-in-time demand, many have begun discussions for next season, with prices heard as low as €220/mt CIF.