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Urea prices in Indonesia rose while the international market weighed a possible Chinese urea export tax. Speculation about the tax has pushed Chinese July futures below their earlier highs.
India has launched a fresh urea tender for August shipment.
A Chinese export tax would cut a major source of global urea supply during India's peak buying months, which could lift prices. Traders are already moving product to bonded storage in anticipation.
profercy.comChris Yearsley18 jun 2021Tras 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.
