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China's average urea reference price was 1,621 yuan per ton on September 29, down 5.05% from 1,707 yuan on September 1. The report describes a weak decline in the Chinese urea market during September.
Lower Chinese domestic prices make Chinese export urea more competitive, adding downward pressure on global urea 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.