10:19 AM EDT, 04/08/2024 (MT Newswires) -- RBC Capital Markets said over the weekend that Nutrien Ltd. ( NTR ) 's share price increased 3% week over week to $56.2.

RBC's Nutrien ( NTR ) indicator declined on lower nitrogen and crop prices and rising US natural gas costs.

According to RBC, fertilizer equities rose along with strength across materials, despite lower fertilizer prices as the Northern Hemisphere Spring season moved past peak demand.

RBC said prices across nitrogen and phosphate were down while potash remained unchanged,

"We continue to view the fertilizer market outlook as steady, but with typical seasonal volatility and risk for the equities into the summer lull," RBC said.

Price: 77.03, Change: -0.08, Percent Change: -0.10