China has issued export quotas for urea after banning many fertilizer exports in March to protect domestic supply. Chinese producers confirmed receiving quotas, and India is expected to be a major buyer.
Renewed Chinese urea exports add meaningful supply to a market tightened by the Hormuz disruption, which should ease global nitrogen prices.
Nach 81 vergangenen Ereignisse (bearisch, Handel) bewegte sich Harnstoff im Median über 5 Handelstage um -1,0 % (28% höher; mittlere Hälfte -7,2 % bis +0,4 %) und über 20 Handelstage um -5,5 %.
Veränderungen des Benchmarks jedes Rohstoffs seit dem letzten Schluss vor dem Ereignis. Historische Werte bündeln frühere Ereignisse derselben Art; sie beschreiben, was passiert ist, nicht was passieren wird. Keine Anlageberatung.
China issuing fresh urea export quotas on May 1 eases a major supply constraint and likely triggered the sharp one-day price drop.
China issuing fresh urea export quotas (reported around Apr 30-May 1) signals new supply reaching the market, which plausibly triggered the sharp one-day price drop.