
Qatarenergy reportedly sold 45,000t of granular Middle East urea in the high-$410s/t fob for February loading, about $20/t above the previous week's business. Southeast Asian granular urea also traded up to $410-415/t fob that day.
The deal was done under a tender held on Wednesday.
Firm Middle East and Southeast Asian urea prices, driven by India and Australia demand, point to higher nitrogen costs for feed grain and crop producers east of Suez. Buyers should expect prices to keep rising in the near term.
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.