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US urea buying spiked last week after Mississippi River flooding led to lock closures and barge restrictions that limited imported urea reaching the Corn Belt. Northern Hemisphere demand has since eased, and a Middle East to Australia urea cargo fixed at $330/t FOB, lifting the regional benchmark.
Most other fertilizer benchmarks declined, and US retail phosphate and potash prices were mixed.
Barge disruptions temporarily tightened urea logistics into the US, but that support may fade once the river reopens and demand slows. Weak Northern Hemisphere demand keeps the broader nitrogen trend soft for feed grain input costs.
farmingportal.co.za22 abr 2023Tras 64 eventos de logística pasados, Urea se movió una mediana de -0,3 % en 5 sesiones (48% al alza; mitad central entre -1,0 % y +2,3 %), y -0,3 % 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.
