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Shanxi Jincheng anthracite averaged 1090 RMB/MT in December, unchanged from November. Ex-factory urea prices from Chinese producers averaged 1706 RMB/MT, up 19 RMB/MT month on month.
Urea producers in Shanxi were running an average loss of 155 RMB/MT.
Higher urea prices with coal feedstock flat support fertilizer costs for feed-grain growers, though producer losses could limit near-term output and keep supply tight.
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.