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Urea futures are trading under pressure, while spot prices in Shandong have firmed slightly and compound-fertilizer producers have increased urea purchases. Supply remains ample and demand is seasonally weak; rising inventories weigh on prices, while expectations for export demand provide some support.
Ample production and weak downstream demand are bearish for urea, but export expectations and slightly stronger fertilizer-industry buying may limit declines. The article expects volatile, range-bound prices in the near term.
finance.sina.com.cnNov 9, 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.
