
Argus Media expects urea prices to fall over the next couple of months due to limited demand, then steady through the first quarter of 2024. Prices are forecast to rise in the second quarter as seasonal demand builds in the United States and European Union.
Near-term softness in nitrogen costs benefits feed and livestock input budgets, but the expected spring seasonal rally could lift fertilizer and grain production costs later in 2024.
Setelah 42 peristiwa laporan bearish sebelumnya, Urea bergerak median +0,3% selama 5 sesi (57% lebih tinggi; separuh tengah -1,9% sampai +3,3%), dan +2,9% 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.