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China's urea exports fell 86.2% year on year in the first half of 2024, to about 140,000 tonnes, as Beijing tightened export controls to cool domestic prices. Customs data showed June shipments down 67%.
Analysts said any relaxation depends entirely on government decisions, likely after the September end of the fertiliser season.
China supplies roughly a third of global urea, so restricted exports tighten world supply and support urea prices, pushing buyers toward Russia, the Middle East and Southeast Asia.
tradingview.com18 jul 2024Tras 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.
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.
