
Brazil's customs data show urea imports of 2.66 million tonnes from July to October 2020, up from 1.76 million a year earlier. Year-to-date imports are 5.48 million tonnes, and about 1 million tonnes more are expected than in 2019 after November and December arrivals.
Strong Brazilian import pull supports urea prices in Latin America and reflects robust farm economics, although cfr prices have eased from August highs as supply has become ample.
Setelah 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.