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China’s weekly urea output rose to 706,200 tonnes, and domestic producer inventories reached a record 1.8414 million tonnes after increasing by 43,800 tonnes. Autumn fertilizer buying is nearing completion, compound-fertilizer operating rates remain low, and port inventories also rose; the report says export expectations are limiting further downside.
High production and record inventories alongside weak domestic demand add downward pressure to urea prices. Prospects for export demand and the timing of winter stockpiling may limit losses or alter the balance.
18qh.comNov 11, 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.
