Memuat…
Egyptian producers Mopco and Alexfert sold 6,000t cargoes of granular urea at $495-505/t fob for March loading, mainly for Europe. Prices rose after the US military began major combat operations in Iran.
Israeli gas fields were shut, which raises concern about Egyptian urea output.
Egypt normally exports about 4mn t/yr of urea, mostly to Europe, so gas disruptions there would tighten supply to Europe and support global urea prices. Higher nitrogen costs feed into feed-grain production costs.
argusmedia.comHarry Minihan25 Mar 2024Setelah 205 peristiwa geopolitik bullish sebelumnya, Urea bergerak median +0,4% selama 5 sesi (53% lebih tinggi; separuh tengah -2,1% sampai +3,0%), dan -0,4% 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.
