
The Profercy World Nitrogen Index fell for a third straight week as urea softened in most major regions. India booked about 800,000t for April shipment against 1.332m t offered, leaving near 1m t of Chinese availability.
Chinese prilled offers dropped to the high $320s/t fob, and Egyptian offers fell to at least $370/t fob.
Excess Chinese supply and India's smaller-than-offered purchase are pressuring global nitrogen prices lower, which lowers the input cost outlook for fertilizer-linked feed and grain production. Buyers are holding out for lower prices, so further softness is likely until the next tender.
Tras 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.