
Urea and UAN prices have rallied, with urea up about US$80 per tonne since early January, according to CBH Group's fertiliser business manager. Indian tenders in December and January were each only half filled, and Australia must import 3.5 to 3.8 million tonnes between April and September.
Strong Indian import demand and Australian spring needs are tightening urea supply, keeping nitrogen costs elevated for feed grain producers. Prices are unlikely to ease in the short 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.