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MLex reports that urea producers such as Acron and CF Industries may face fixed euro-per-ton tariffs at EU borders instead of percentage-based duties expected soon. European farmers would gain cost predictability, but EU producers warn of harm from cheap imports.
The report is based on sources and is not an official decision.
A change in the tariff structure would alter the landed cost of urea imports into the EU, with fixed per-ton duties hitting low-priced imports harder. The effect on price direction depends on the final design, so the net impact is uncertain.
mlex.comPoppy CarnellApr 8, 2019After 26 past neutral policy events, Urea moved a median -1.0% over 5 sessions (27% higher; middle half -4.1% to +0.6%), and -2.5% 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.
