Memuat…
Russia reduced gas supplies to Europe, sending EU gas prices higher and lifting nitrogen fertilizer prices as European buyers scrambled for product. Egypt urea prices jumped over $100/t in two days on spot purchases, and urea swaps added $100/t to Arab Gulf quotes in 24 hours.
Natural gas is the main feedstock for nitrogen fertilizer, so higher European gas costs and tight urea supply push fertilizer costs up, which feeds into higher production costs for grain and feed crops.
farmingportal.co.zaFarming Portal29 Jul 2022Setelah 323 peristiwa geopolitik bullish sebelumnya, Jagung bergerak median +0,5% selama 5 sesi (57% lebih tinggi; separuh tengah -1,5% sampai +2,9%), dan +0,9% selama 20 sesi.
Setelah 361 peristiwa geopolitik bullish sebelumnya, Gandum (SRW) bergerak median +0,7% selama 5 sesi (58% lebih tinggi; separuh tengah -1,4% sampai +3,7%), dan +1,3% selama 20 sesi.
Setelah 136 peristiwa geopolitik bullish sebelumnya, Gas Alam bergerak median +2,7% selama 5 sesi (63% lebih tinggi; separuh tengah -1,8% sampai +8,8%), dan +4,0% selama 20 sesi.
Setelah 205 peristiwa geopolitik bullish sebelumnya, Urea bergerak median +0,4% selama 5 sesi (53% lebih tinggi; separuh tengah -2,1% sampai +3,0%), dan -0,4% 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.
Dated the same day as the move, it reports Russian gas cuts lifting EU gas prices, Egypt urea jumping over $100/t in two days and Arab Gulf swaps adding $100/t in 24 hours, which directly explains the one-day spike through input cost and spot-buying pressure.
Russian gas cuts to Europe lifted nitrogen prices as buyers scrambled, with Egypt urea up over $100/t in two days and Arab Gulf swaps up $100/t in 24 hours, which matches a one-day spike (dated 07-29, just after the window, but describing the same move).
