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The EU's Trade Defence Instruments Committee voted narrowly on 11 September to impose anti-dumping tariffs on urea ammonium nitrate (UAN) imports from Russia, the US and Trinidad and Tobago, with the UK voting against. Copa-Cogeca estimates the duty adds 6-9% to costs, and details on implementation are expected later this year.
Higher-cost imported UAN pushes EU and UK buyers toward ammonium nitrate and urea, tightening nitrogen supply and supporting fertilizer prices. For feed buyers this is a modest input-cost signal rather than a direct grain price driver.
fwi.co.ukAndrew MeredithSep 22, 2019After 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.
