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Yara's CEO warned that nitrogen fertilizer supplies are tightening as manufacturers cut output because of very high natural gas prices. Farmers are expected to reduce nitrogen application rates, and the European Union, a major nitrogen supplier, is seeing sharp production curtailments.
Gas-driven production cuts reduce global nitrogen supply and keep urea prices high. Reduced application rates could also lower yields and tighten grain supplies over time.
producer.comSean Pratt26 Okt 2022Setelah 92 peristiwa makro bullish sebelumnya, Urea bergerak median +0,0% selama 5 sesi (50% lebih tinggi; separuh tengah -2,0% sampai +3,6%), dan +4,8% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.
