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India's state agency IPL booked about 1.5 million tonnes of urea for shipment through 5 December after its latest tender, at counter-offers of $649.48/t CFR west coast and $655/t CFR east coast. That volume exceeds the July and September tenders, which booked 593,000t and 879,000t.
Large Indian purchases remove significant supply from the global urea market and support prices. Producers in the Middle East and Southeast Asia gained firm netbacks, which points to firmer urea values into the coming months.
profercy.comChris Yearsley21 oct 2022Tras 176 eventos alcista de comercio pasados, Urea se movió una mediana de +0,1 % en 5 sesiones (51% al alza; mitad central entre -1,3 % y +2,4 %), y +1,6 % 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.
