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The Profercy World Nitrogen Index recorded its largest weekly gain on record, reaching 253.04, a level last seen in May 2012. Southeast Asian urea sold near $530/t fob, and India issued a purchase tender while Chinese export offers were withdrawn under new inspection rules.
Chinese export curbs and a large Indian tender point to sustained import demand for urea, supporting global nitrogen prices and raising costs for fertilizer-dependent grain production.
profercy.comChris Yearsley24.09.2021Nach 176 vergangenen Ereignisse (bullisch, Handel) bewegte sich Harnstoff im Median über 5 Handelstage um +0,1 % (51% höher; mittlere Hälfte -1,3 % bis +2,4 %) und über 20 Handelstage um +1,6 %.
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.
Record weekly gain in the nitrogen index, withdrawn Chinese export offers and an Indian tender show tight global urea trade flows.
Record weekly gain in the nitrogen index, withdrawn Chinese urea export offers under new inspection rules and an Indian tender tightened global urea availability and supported price momentum.
