
International urea prices declined as India had not yet announced a purchase tender, and spot sales were slow. Qatar Energy's tender drew bids of USD 415/t FOB, down USD 22/t, and Pupuk Indonesia sold at USD 399/t.
Potash prices were reported to be firming on curbed production and strong demand.
Urea prices are being pressured by the absence of Indian buying, which is the largest driver of global nitrogen demand. Buyers should expect lower nitrogen costs unless a large Indian tender lifts prices, while firmer potash could raise input costs later in the season.
Setelah 81 peristiwa perdagangan bearish sebelumnya, Urea bergerak median -1,0% selama 5 sesi (28% lebih tinggi; separuh tengah -7,2% sampai +0,4%), dan -5,5% selama 20 sesi.
Belum cukup peristiwa historis yang sebanding untuk analisis historis.
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.