
Urea price declines paused as Middle East and Egyptian spot values had fallen roughly USD 30-50/tonne since the start of the month. Traders are waiting on clarity about China's confusing export restriction policy.
Indonesian producer Kaltim committed about 85,000 tonnes of granular urea, largely for Australia.
Uncertainty over Chinese export quotas is holding urea prices near mid-2023 floor levels, and the outcome will determine whether the downtrend resumes. Feed buyers should watch nitrogen input costs for corn and forage production.
Setelah 26 peristiwa kebijakan netral sebelumnya, Urea bergerak median -1,0% selama 5 sesi (27% lebih tinggi; separuh tengah -4,1% sampai +0,6%), dan -2,5% 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.