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On 12 November, the Sunrise (Shengyi) urea benchmark price in China was 1,752.50 yuan per tonne, up 0.43% from 1,745.00 yuan at the start of the month. The price sits in the middle of its one-year range of 1,615 to 1,892.5 yuan.
A stable mid-range benchmark indicates balanced Chinese urea pricing, with limited direct impact on feed-grain costs. Movements of this size are routine and unlikely to change global nitrogen pricing.
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.