
China has issued urea export quotas, according to sources cited by Reuters, after banning many fertilizer exports in March. Two Chinese producers confirmed receiving quotas, and India is expected to be a major buyer.
Renewed Chinese supply could ease global urea prices that have surged since Hormuz closed, lowering nitrogen input costs for grain producers.
Tras 34 eventos bajista de política pasados, Urea se movió una mediana de -0,8 % en 5 sesiones (38% al alza; mitad central entre -3,3 % y +1,8 %), y -4,5 % en 20.
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.
Reuters-sourced confirmation that Chinese producers received export quotas validated the return of Chinese supply, triggering sharp selling.
Reuters-sourced confirmation that Chinese producers received export quotas, with India a likely buyer, reinforced expectations of added global supply.