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India's National Fertilizers Limited issued a tender for urea shipments through 29 February, closing 4 January. Latin American demand was weak and Brazilian buyers had been hit by poor weather, with cfr values at best stable and Turkish business concluded around $340/t cfr.
A sizeable Indian import tender adds buying interest at a time of light offseason demand in the US, Europe and Brazil, which should help firm urea prices into early 2024.
profercy.comChris Yearsley21 Des 2023Setelah 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.
