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Australian fertiliser spot urea is around A$800/t, up from roughly A$650/t last spring, with China's export ban until April supporting prices. Growers and resellers are working to manage volatility without holding large stocks in a falling market.
Northern Queensland and New South Wales are most exposed to price swings because of mixed summer and winter cropping.
Chinese export restrictions keep Australian urea elevated, raising production costs for Australian grain and feed grain growers and keeping import demand firm.
graincentral.comLiz Wells8 Feb 2024Setelah 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.
