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Russia is using its natural gas to produce urea, which is exempt from European Union sanctions, and exporting it to Europe. Yara says the practice is substantial and is distorting the EU urea market.
The sanctions on Russian gas have already raised energy costs for European fertilizer producers.
Sanction-exempt Russian urea flowing into Europe adds supply to a market already facing high gas-driven production costs, which tends to weigh on European urea prices while keeping the cost floor high.
cen.acs.orgAlex Scott3 may 2024Tras 17 eventos bajista de geopolítica pasados, Urea se movió una mediana de -1,9 % en 5 sesiones (41% al alza; mitad central entre -3,1 % y +2,8 %), y +0,2 % 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.
