The latest Indian urea tender drew about 2.9 million tonnes of offers, and India locked in about 1.5 million tonnes at around $650/t CFR. Urea prices were broadly stable week on week in South Africa, while potash (KCl) granular fell 1.7%, and a Pakistan tender received only one offer that was deemed too expensive.
The Indian purchase brings some balance to the market, and producers expect prices to rise from November. Potash softness and stable urea prices suggest limited near-term price movement for crop-nutrient costs.
Setelah 23 peristiwa perdagangan netral sebelumnya, Urea bergerak median 0,0% selama 5 sesi (48% lebih tinggi; separuh tengah -1,1% sampai +1,0%), dan +2,8% selama 20 sesi.
Belum cukup peristiwa historis yang sebanding untuk analisis historis.
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.