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Global nitrogen fertilizer values fell sharply in late August 2021, with urea offers in the Arab Gulf and China dropping about $20-25/t week on week. The decline was driven by a delayed Indian urea tender, which left producers cutting prices to place product in markets such as Brazil.
Traders were also taking short positions.
With India's tender postponed, urea supply is pressing into the September shipping window and pushing prices lower. Feed buyers should expect softer nitrogen costs in the near term unless the Indian tender returns quickly.
profercy.comChris Yearsley27.08.2021Nach 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.
