
Urea barges in New Orleans traded about $50-$80 per short ton higher on March 2 than on February 28, according to Argus. Commercial shipping through the Strait of Hormuz has nearly halted, and Middle Eastern producers have suspended offers ahead of US spring imports.
March and April are peak US urea import months, so a disrupted Middle East supply tightens North American availability and supports higher prices for nitrogen used in corn production.
Setelah 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.
Setelah 323 peristiwa geopolitik bullish sebelumnya, Jagung bergerak median +0,5% selama 5 sesi (57% lebih tinggi; separuh tengah -1,5% sampai +2,9%), dan +0,9% 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.
Reports NOLA urea barges $50-80/st higher on March 2 vs Feb 28 with Hormuz shipping nearly halted and Middle East offers suspended, directly matching the one-day move date and supply mechanism.
New Orleans urea barges rose $50-80/st as Hormuz shipping nearly halted and Middle East producers suspended offers ahead of US spring imports.