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Bolivia's Carrasco ammonia and urea plant will begin exporting granular urea to Brazil and Argentina using 500 specialized containers shipped via Chile. Product will move to border points Puerto Suárez and Yacuiba.
New Bolivian urea export capacity adds modest supply to South American markets, a minor bearish factor for regional urea prices.
worldfertilizer.comLouise MulhallMar 22, 2017After 81 past bearish trade events, Urea moved a median -1.0% over 5 sessions (28% higher; middle half -7.2% to +0.4%), and -5.5% 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.
