
India has reopened urea buying with a new RCF tender for mid-November shipment, and prices in the US and North Africa rose $5-10 in response. CF Industries unexpectedly withdrew nitrogen and NS prices on October 1, and Chinese and Egyptian producers are expected to feature in future sales.
Renewed Indian tender demand and firmer Northern European and Brazilian buying interest support urea and ammonium nitrate prices, raising nitrogen costs for feed-grain producers.
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.