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CF Industries closes at new high as fertilizer supply tightens

CF Industries, a nitrogen fertilizer producer, logged a first new record closing high since March. The stock marked a fifth straight winning day, with prices up 11% over the period as Iran-related LNG supply disruptions tighten availability.

CF

By Shradha DineshCF Industries, which makes nitrogen fertilizer, hit its first new record closing high since March today.

This marks the company's fifth consecutive winning day; prices rose 11% over this period.The war in Iran has choked off supplies of liquefied natural gas, or LNG, which is used…