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Urea prices in China traded in a narrow range as expectations for a new Indian tender and possible plant maintenance initially supported sentiment. The tender did not materialize during the week, while high production and rising inventories continued to weigh on the market.
Ample supply and inventory buildup limit upside, while potential export demand and winter stockpiling provide some support. The near-term price outlook is broadly range-bound.
fdd-global.comFDD-global.comNov 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.
