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China's main urea futures contract UR701 closed at 1,738 yuan/ton on November 4, up 0.17%, after a high-volume session that reversed intraday. Trading data showed mixed institutional positioning around the 1,750 yuan level.
Chinese urea futures trade on Indian tender expectations and export outlook, but high daily output and inventories limit upside. Price action is mostly range-bound with no new supply or demand shock.
quheqihuo.comNov 4, 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.
