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The European Commission published a notice initiating a partial interim review of anti-dumping duties on Russian ammonium nitrate. The Irish Farmers' Association welcomed the move and called for abolition of duties on non-EU fertiliser imports.
A review that could lower duties on Russian ammonium nitrate would increase import availability in the EU, potentially easing nitrogen prices there.
After 34 past bearish policy events, Urea moved a median -0.8% over 5 sessions (38% higher; middle half -3.3% to +1.8%), and -4.5% 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.