
Global urea prices were stable to slightly lower across exporting regions in mid-October, with Baltic granular near $375-384/t FOB and Black Sea granular at $390-405/t FOB. Market participants were waiting for India's RCF tender, which seeks up to 2 million tonnes for shipment by 10 December.
India's large tender is expected to set the direction of Q4 urea prices, and nitrogen costs feed into farm input and feed grain production economics. Producers are holding sales until the results are known, so price direction depends on the tender outcome.
Setelah 23 peristiwa perdagangan netral sebelumnya, Urea bergerak median 0,0% selama 5 sesi (48% lebih tinggi; separuh tengah -1,1% sampai +1,0%), dan +2,8% 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.