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Shengyishe reported that the spread between the urea M10 and M20 moving averages widened to 8.62 yuan per tonne on November 9. It said the widening spread indicated that the urea market’s upward movement was accelerating.
The report describes a bullish technical signal, but gives no new supply or demand driver. Any price implication is limited and reflects routine market momentum.
100ppi.comNov 9, 2026
agrochemnet.comNov 9, 2026Not enough comparable past events yet for a historical read.
Not 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.
