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SABIC Agri-Nutrients’ third-quarter net earnings fell 62% year on year to SAR 484 million, while revenue declined nearly 9%, amid weaker sales and higher shipping costs. The report links the freight pressure to supply-chain disruption around the Strait of Hormuz and notes the company’s plan to expand urea capacity by 54%.
Higher freight costs reduce the net returns on fertilizer exports and may constrain the near-term incentive to ship urea. The planned capacity increase could add supply over time, but its price effect depends on construction progress and market conditions.
ad-hoc-news.deRafael MüllerNov 10, 2026After 64 past logistics events, Urea moved a median -0.3% over 5 sessions (48% higher; middle half -1.0% to +2.3%), and -0.3% over 20.
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.
