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Rabobank warned urea prices face substantial upside risk after production cuts tied to energy costs, including ammonia curtailments across European plants. China's hydropower shortfall is forcing power restrictions on urea plants, and government export controls have already pushed Chinese urea prices down from a June record.
Potash and phosphate costs are expected to ease.
Curtailed nitrogen output and constrained Chinese exports tighten global urea supply, supporting higher nitrogen input costs for feed grain and livestock producers. Lower potash and phosphate prices partly offset this.
grainpricenews.comMike Verdin1 sept 2022Tras 129 eventos alcista de política pasados, Urea se movió una mediana de -0,1 % en 5 sesiones (47% al alza; mitad central entre -1,3 % y +2,3 %), y +1,4 % en 20.
Todavía no hay suficientes eventos comparables pasados para una lectura histórica.
Variaciones de la referencia de cada materia prima desde el último cierre antes del evento. Las lecturas históricas agrupan eventos pasados del mismo tipo; describen lo ocurrido, no lo que ocurrirá. No es asesoramiento de inversión.
