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DewDiligence

08/04/16 3:08 PM

#13005 RE: jq1234 #6699

CF, fertilizer stocks in smelly sell-off:

http://www.marketwatch.com/story/fertilizer-stocks-tank-as-low-nitrogen-prices-batter-earnings-2016-08-04

“The combination of excess nitrogen capacity with lower global energy costs coupled with devaluation of certain key currencies and assisted by low transoceanic freight have led to the dramatic fall in nitrogen product prices.”

—Tony Will, CF’s CEO