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CnAgri's monthly China fertilizer report covers urea, ammonium chloride and MAP export volumes for early 2017 and notes that spring fertilizer prices were lowered by abundant supply. It also discusses company performance and planting area outlook.
Chinese urea export volumes and abundant domestic supply influence global nitrogen prices, which feed into farm input costs for grain and oilseed production.
en.cnagri.comMar 15, 2017After 42 past bearish report events, Urea moved a median +0.3% over 5 sessions (57% higher; middle half -1.9% to +3.3%), and +2.9% 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.
