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Urea prices rose in most regions during the week of January 12 to 19, with Middle East FOB near $350 per tonne and Southern Europe CFR near $380. Brazil granular urea traded at $350-360 CFR and the US barge FOB price briefly reached $330.
Indonesian and Chinese export reductions tightened supply east of Suez, while Red Sea and Panama Canal tensions added pressure.
Reduced exports from Indonesia and China, along with shipping tensions, tighten global urea availability and support higher prices for nitrogen used in feed grain production.
kelewell.deAntonia Z22 ene 2024Tras 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.
Weekly price data show urea rising across regions as Indonesian and Chinese export cuts tightened supply east of Suez, consistent with upward momentum, though it predates the move by several days.
