IPL 0.87% $2.89 incitec pivot limited

I've just looked up DAP and Urea pricing and jeez it's ugly. Not...

  1. 3,053 Posts.
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    I've just looked up DAP and Urea pricing and jeez it's ugly. Not sure if that's the reason for today's sell off, but Deutsche have FY16E DAP and Urea at $420 and $230 a short tonne - spot is 376 and 194, and they're taking a swannie.

    bfm9748.gif

    Enough for me to take a cut anyway
 
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