Memuat…
FIS reports AG urea paper found support near $220 per tonne on expected Indian demand after India secured only 628,000 tonnes in its latest tender, well short of requirements. Egypt paper traded at $227 for August, and Brazil small-lot sales reached up to $255/t CFR.
The Nola market remained rangebound after the spring season.
India's need for significant further urea purchases is expected to support global urea prices in the short term. Buyers should anticipate firmer nitrogen costs if another tender follows soon.
fisapp.comEdward Hutton1 Jul 2020Setelah 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.
