Memuat…
Gazprom declared force majeure on supplies to several European buyers and closed its main pipeline for maintenance. Further supply cuts are threatened, and Ammonium Nitrate prices rose about £100/t in recent weeks.
Natural gas accounts for about 80% of European nitrogen fertilizer production cost, so gas supply cuts raise fertilizer prices and farmers' input costs into the coming season.
bartholomews.co.uk27 Jul 2022Setelah 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.
Setelah 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.
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.
Gazprom's force majeure and pipeline closure on 07-27 raised European gas input costs and nitrogen supply fears, a likely trigger for the sharp urea jump the next day.
Gazprom's force majeure and pipeline closure raised fears of further European gas cuts, which would lift nitrogen production costs and support urea prices, though the summary focuses on ammonium nitrate.
