Urea prices in China rose by 300–400 yuan per tonne over the past month, despite the fertilizer off-season in Zhejiang and Fujian. The article attributes the increase to higher coal and other input costs, transportation costs rising by 30%, and dealers beginning to stock up as prices climbed; some compound fertilizer producers also made tentative price increases.
Higher input and freight costs raise fertilizer production and delivery costs, while restocking adds near-term demand. This supports urea prices and may feed through to compound fertilizer prices.
After 49 past bullish logistics events, Urea moved a median -0.3% over 5 sessions (45% higher; middle half -1.3% to +2.2%), and -0.4% 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.