
Urea prices in New Orleans reached about US$410 per tonne as of April 10, up 25% since January 1. Analysts attribute the rise largely to China's near-absence from export markets, which has removed roughly five million tonnes from a 50 to 55 million tonne global market.
Lost Chinese urea exports tighten global nitrogen supply, pushing up fertilizer costs for grain and oilseed growers and raising the cost of crop inputs that feed into feed grain production.
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.