Pakistan's overall urea sales grow 5pc to 2.87 million tons

After 92 past bullish macro events, Urea moved a median +0.0% over 5 sessions (50% higher; middle half -2.0% to +3.6%), and +4.8% over 20.

• Jan 17, 2025Urea Sector - Earnings to grow from VAT law change, lower YoY gas prices - Vietcap+0.9%
• Aug 10, 2022Urea demand grows on both price and supply issues - Farmers Weekly+0.4%
• Oct 5, 2021Profercy’s World Nitrogen Index makes biggest ever increase to hit all time high+6.2%
• Feb 21, 2025Friday’s Insider: Urea and gas prices — market in transition — Fertilizer Daily-0.5%
• Sep 28, 2021U.S. natgas rise to 7-year high on record global prices+28.4%

After 155 past bullish macro events, Natural Gas moved a median +0.1% over 5 sessions (51% higher; middle half -4.0% to +7.1%), and +2.0% over 20.

• Oct 5, 2021Profercy’s World Nitrogen Index makes biggest ever increase to hit all time high-6.6%
• Apr 1, 2017Gas prices will rise and there's not much we can do to stop it+2.7%
• Mar 9, 2018Ind-Ra: Higher LNG Prices to Impact Urea Production Beyond Reassessed Capacity-3.1%
• Nov 9, 2018US natural gas prices soar on export and power demand amid low inventories in all regions+22.9%
• Sep 28, 2021U.S. natgas rise to 7-year high on record global prices+2.9%