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China's urea exports fell 86.2% year on year in the first half of 2024, to about 140,000 tonnes, as Beijing tightened export controls to cool domestic prices. Customs data showed June shipments down 67%.
Analysts said any relaxation depends entirely on government decisions, likely after the September end of the fertiliser season.
China supplies roughly a third of global urea, so restricted exports tighten world supply and support urea prices, pushing buyers toward Russia, the Middle East and Southeast Asia.
tradingview.com18 Jul 2024Setelah 129 peristiwa kebijakan bullish sebelumnya, Urea bergerak median -0,1% selama 5 sesi (47% lebih tinggi; separuh tengah -1,3% sampai +2,3%), dan +1,4% 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.
