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South Korea plans to lift its urea hoarding ban as domestic supplies stabilize. The move is intended to ease procurement for distributors and improve domestic market liquidity.
Easing the restriction removes a source of domestic buying pressure, which is mildly bearish for urea and modestly supportive of smoother supply.
After 34 past bearish policy events, Urea moved a median -0.8% over 5 sessions (38% higher; middle half -3.3% to +1.8%), and -4.5% 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.