
MMTC, India's state purchasing agency, issued its fourth urea tender since April, closing 17 July, and may seek up to 1M tonnes for August shipment. Recent tenders bought about 600,000t each, and a recent RCF tender secured only about 100,000t from China.
Commentators doubt China has enough inventory for the shipping window.
A large Indian tender against limited Chinese export availability points to firmer global urea prices and higher nitrogen input costs.
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.