
Nitrogen fertiliser prices have surged, with Gulf urea rising from about $420 to $700 per ton in two months. The increase reflects higher natural gas costs in Europe, which have forced plant curtailments, and reduced Egyptian shipments as Europe buys more from there.
Lower Chinese production and rising crop values are also supporting demand.
Multiple supply constraints and strong farm demand are pushing nitrogen to record levels for the past decade. Higher fertiliser costs squeeze farm margins and can reduce corn acreage, affecting feed grain supply.
Setelah 92 peristiwa makro bullish sebelumnya, Urea bergerak median +0,0% selama 5 sesi (50% lebih tinggi; separuh tengah -2,0% sampai +3,6%), dan +4,8% 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.