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China's urea exports have built a backlog of 2.56 million tonnes against export quotas, with shipments expected to accelerate in September ahead of the October 15 export declaration deadline. Customs data show urea exports were only 636,200 tonnes so far in the period.
The export backlog and quota deadline point to heavier Chinese urea shipments in September, which could support global urea prices.
mysteel.netAug 20, 2025After 176 past bullish trade events, Urea moved a median +0.1% over 5 sessions (51% higher; middle half -1.3% to +2.4%), and +1.6% over 20.
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.
