
Urea prices fell globally in the week before May 12 as Chinese export policy remained unofficial. A May 7 NDRC meeting reportedly discussed a quota system for May to September exports, with volumes capped below 2023 levels and fertilizer exports to India prohibited, and granular urea was offered at about $370/t FOB China.
Expected Chinese export quotas and lower offers point to more supply entering the market, pressuring urea prices lower and easing nitrogen cost pressure for feed producers.
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.