Loading…
Potassium chloride prices at Brazilian ports have fallen 10 percent after nine straight weekly declines. Urea has risen 20 percent in five weeks amid Middle East tensions.
Cheaper potash lowers fertiliser costs for Brazilian growers, while urea strength driven by Middle East supply risk raises nitrogen costs.
Not enough comparable past events yet for a historical read.
After 205 past bullish geopolitics events, Urea moved a median +0.4% over 5 sessions (53% higher; middle half -2.1% to +3.0%), and -0.4% 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.