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Weekly South African retail fertiliser prices fell between 14 and 21 November, with urea granular down 1.1%, MAP down 0.8% and KCl down 0.7%. India bought over 1 million tonnes of urea at about $362/t CFR, but Middle East FOB prices slipped toward $340/t and Brazil's price is sliding as heavy volumes arrive.
Heavy Brazilian commitments and aggressive Middle Eastern and Iranian offers keep global urea export prices under downward pressure despite India's purchase, which lowers input costs for feed producers.
farmingportal.co.za22 Nov 2024Setelah 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.
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.
