Chargement…
Rashtriya Chemicals and Fertilizers bought 555,900 tonnes in its urea tender against a target of 1.5 million tonnes. The shortfall led the market to conclude that supply is tighter than expected, and global urea prices rose in the days after.
Urea NOLA swaps traded up to US$401/st.
Smaller-than-expected Indian award volumes signal tighter global supply and push urea prices higher, with the effect carrying into spring ship tonnages.
genesisfertilizers.comCaitlin5 févr. 2025Après 176 événements commerce haussier passés, Urée a varié en médiane de +0,1 % sur 5 séances (51 % de hausses ; moitié centrale de -1,3 % à +2,4 %), et de +1,6 % sur 20.
Variations du benchmark de chaque matière depuis la dernière clôture avant l'événement. Les lectures historiques regroupent les événements passés de même nature ; elles décrivent ce qui s'est passé, pas ce qui arrivera. Ceci n'est pas un conseil en investissement.
India's RCF tender bought only 555,900 t versus a 1.5M t target at higher-than-expected prices, signaling tight global supply and directly pushing urea prices (NOLA swaps up to $401/st) higher during the window.
India's RCF tender secured only 555,900 t against a 1.5 Mt target, so the market concluded supply was tighter than expected and global urea prices rose in the following days.
