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Hualu Hengsheng raised its ex-works price for medium-granular urea by RMB 10 per metric ton to RMB 1,715 on October 30. Actual transaction prices remain subject to negotiation.
A small Chinese ex-factory increase signals firmer domestic urea costs, which can support global urea export pricing if sustained.
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.