Nutrien Ltd

NTR: XTSE (CAN)
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Fertilizer: We Expect Near-Term Prices Will Remain Above Preconflict Levels Despite Ceasefire Deal

The US and Iran agreed to a two-week ceasefire as part of broader negotiations to end the military conflict, with Iran reopening the Strait of Hormuz to shipping traffic. North American fertilizer stocks CF Industries, Mosaic, and Nutrien were down 5%-11% at the time of writing.

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