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Weekly South African retail fertiliser prices fell between 14 and 21 November, with urea granular down 1.1%, MAP down 0.8% and KCl down 0.7%. India bought over 1 million tonnes of urea at about $362/t CFR, but Middle East FOB prices slipped toward $340/t and Brazil's price is sliding as heavy volumes arrive.
Heavy Brazilian commitments and aggressive Middle Eastern and Iranian offers keep global urea export prices under downward pressure despite India's purchase, which lowers input costs for feed producers.
farmingportal.co.za22 nov 2024Tras 81 eventos bajista de comercio pasados, Urea se movió una mediana de -1,0 % en 5 sesiones (28% al alza; mitad central entre -7,2 % y +0,4 %), y -5,5 % 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.
