
China returned to the international urea market this week with about 650,000t of sales, helping India secure 1.2m tonnes in its latest tender, the largest single purchase since December 2020. Lower-priced business followed, with urea offered at $481/t cfr Brazil and fob values softening.
Chinese export supply weakens the global urea rally that began in late April, so nitrogen prices for near-term shipments are likely to ease, though policy uncertainty over future Chinese exports limits the downside.
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.