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India's MMTC received offers for 2.434m tonnes of urea in its latest purchasing inquiry, with lowest offers $5-7/t above the previous RCF tender. Shipment is intended through 6 January 2021, and counter offers were issued at the lowest offer levels.
Higher lowest offers from suppliers in a large Indian tender signal firmer global urea pricing and a tighter netback for exporters.
profercy.comChris Yearsley1 Des 2020Setelah 176 peristiwa perdagangan bullish sebelumnya, Urea bergerak median +0,1% selama 5 sesi (51% lebih tinggi; separuh tengah -1,3% sampai +2,4%), dan +1,6% 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.
