
MOPCO said its natural-gas supply reduction has widened to 33%, up from the 20% cut reported a week earlier. The Egyptian fertilizer producer said it is managing operations around the available gas volumes and will disclose material developments as required.
Lower gas availability may reduce Egyptian urea and ammonia output, supporting nitrogen-fertilizer prices if the cut persists. The production impact will depend on how the company adjusts operations across its plants.
After 92 past bullish macro events, Urea moved a median +0.0% over 5 sessions (50% higher; middle half -2.0% to +3.6%), and +4.8% 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.