
India's NFL issued a urea import tender on January 4 with shipment by February 29, and CFR offers were expected below $320/t West Coast and $330/t East Coast. Brazil's CFR granular urea rose to $340/t, and Turkish urea prices gained about $10/t.
Ammonium sulfate prices in Europe and China were mostly stable and weak.
Rising Brazilian and Turkish urea prices alongside a large Indian tender point to firmer global nitrogen prices. Buyers should expect urea costs to hold or rise into February.
Setelah 176 peristiwa perdagangan bullish sebelumnya, Urea bergerak median +0,1% selama 5 sesi (51% lebih tinggi; separuh tengah -1,3% sampai +2,4%), dan +1,6% 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.