
Nitrogen fertilizer prices rose in July 2022 as spillover from European natural gas price increases lifted costs. Ammonia prices were high, while UAN prices fell after a US International Trade Commission vote against levies on Russian and Trinidadian UAN imports.
Higher European gas prices raise the cost of nitrogen production, which feeds through to higher fertilizer costs for US grain producers and supports feed-grain production costs.
Setelah 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.