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CF Industries (CF) Soars to All-Time High as Middle East Tensions to Benefit Firm
CF Industries (CF) stock surged to an all-time high amidst expectations that fertilizer companies will benefit from geopolitical tensions in the Middle East. Citigroup upgraded North American chemical producers, citing higher profit margins for firms with access to low-cost natural gas. CF Industries also anticipates increased nitrogen demand in North America for the upcoming application season, further supporting its positive outlook.