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EU governments voted on 11 September to pass anti-dumping duties of up to 42.47 euros per metric ton on liquid fertilizer urea ammonium nitrate from the US, Russia and Trinidad and Tobago. Producers including CF Industries and EuroChem will be affected.
The duties restrict imported UAN into the EU, supporting European nitrogen prices and reducing export outlets for US and Russian producers. The effect on feed grain prices is limited.
mlex.comPoppy CarnellSep 11, 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.
