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Chinese urea futures opened higher and extended gains on hopes of Indian import tender demand and reserve buying. Spot prices in Shandong were around 1690-1720 yuan/ton, with plant outages at several producers.
Expectations of an Indian tender are lifting Chinese domestic urea prices, which can pull export prices higher if the tender materialises.
finance.sina.com.cnNov 2, 2026
futures.cngold.orgNov 2, 2026Not enough comparable past events yet for a historical read.
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.
