
Agro Napló reports international fertiliser prices remain at record highs during the quiet summer. Urea prices are softening for the first time since May as Chinese exports rise, while India and Brazil are expected back in September.
New nitrogen capacity in Nigeria is not expected to affect markets until 2022.
Softening urea prices from increased Chinese exports could ease fertiliser costs for feed-grain growers, though a short-lived correction is expected as buyers return.
Setelah 81 peristiwa perdagangan bearish sebelumnya, Urea bergerak median -1,0% selama 5 sesi (28% lebih tinggi; separuh tengah -7,2% sampai +0,4%), dan -5,5% 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.