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Egypt's IDSC reported fertilizer prices on October 29, with urea falling 1.2% to EGP 23,931 per ton and ammonium nitrate down 1.4% to EGP 23,511. Ammonium sulfate was stable at EGP 20,182 per ton.
Lower Egyptian urea prices reflect softer local nitrogen demand and can reduce input costs for Egyptian farmers, with limited direct effect on global feed grain prices.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.