
Urea prices have fallen from nearly $1,000 a tonne in April to below $400, driven by higher Chinese exports and improved global supply. India secured 1.7 million tonnes at $390 to $394 a tonne, its lowest price this year.
Lower prices could ease pressure on India's fertiliser subsidy bill.
Cheaper imported urea reduces India's import cost and subsidy burden, which can support continued Indian buying. The broader trend is bearish for global urea prices.
Setelah 34 peristiwa kebijakan bearish sebelumnya, Urea bergerak median -0,8% selama 5 sesi (38% lebih tinggi; separuh tengah -3,3% sampai +1,8%), dan -4,5% 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.