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Bangladesh's government bought 30,000 tonnes of bagged granular urea at $671 per tonne, down from $876 in the previous consignment and above $900 at one point. It also bought 3.36 million MMBtu of LNG from Vitol at $25.75 per unit, below the prior $26.40.
Lower import prices from a major South Asian buyer confirm that global urea and LNG prices are easing after the spike following the Russia-Ukraine war. This points to softer fertilizer and energy input costs for feed-grain producers.
tbsnews.netUNB26 may 2022Tras 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.
Bangladesh's urea purchase at $671/t versus $876 previously shows a sharp fall in tender price levels.
Bangladesh bought urea at $671/t versus $876 previously, a concrete price discovery point on the same date that confirms sharply lower clearing prices.
