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Nitrogen fertiliser prices have surged, with Gulf urea rising from about $420 to $700 per ton in two months. The increase reflects higher natural gas costs in Europe, which have forced plant curtailments, and reduced Egyptian shipments as Europe buys more from there.
Lower Chinese production and rising crop values are also supporting demand.
Multiple supply constraints and strong farm demand are pushing nitrogen to record levels for the past decade. Higher fertiliser costs squeeze farm margins and can reduce corn acreage, affecting feed grain supply.
capitalpress.comMATEUSZ PERKOWSKICapital Press19 oct 2021Tras 92 eventos alcista de macro pasados, Urea se movió una mediana de +0,0 % en 5 sesiones (50% al alza; mitad central entre -2,0 % y +3,6 %), y +4,8 % 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.
