
Urea prices rose ahead of price discovery on India's tender, which drew 2.66 million tonnes of offers against a target of 1.5 million tonnes. Offers east of Suez reached USD 415/tonne FOB, and potash climbed after a Belarusian producer shut production temporarily.
Strong Indian tender demand and offers near USD 405-415/tonne support higher urea prices in the export market. The Belarusian potash outage tightens supply and lifts potash prices.
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.
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.
Prices rose ahead of India tender price discovery, with east-of-Suez offers reaching $415/t FOB, so this was a pre-move that built momentum.