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Fly News Breaks for March 30, 2017
CF
Mar 30, 2017 | 09:36 EDT
Cleveland Research said CF Industries has downside risk to $25 due to a weaker urea pricing outlook. The firm's analysts said US Gulf urea prices have declined by $50/ton to $192/ton since January as a result of heavier January/February US imports. Cleveland lowered FY17 revenue forecast to $1.1B versus consensus of $1.3B due to a more cautious view on spring and 2H pricing.
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