Memuat…
StoneX fertilizer VP Josh Linville said Iran's attack on Israel added to an already tight urea market where many countries had sharply cut exports. He reported urea barge load prices were up 10% that week, with anhydrous and UAN values following.
He warned that any Middle East conflict would significantly affect global fertilizer supply.
The Middle East and North Africa supply about half of traded urea, so regional conflict tightens global nitrogen supply and raises input costs. Higher fertilizer prices pressure farm margins and can shift acreage away from corn.
brownfieldagnews.comJared White2 Okt 2024Setelah 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.
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.
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.
Iran's attack on Israel on a tight urea market raised supply-disruption fears and lifted barge prices about 10% that week, a direct sentiment and supply driver of the 1 Oct-3 Oct jump.
Iran's attack on Israel on Oct 1-2 added a risk premium to an already tight urea market, with barge prices reportedly up sharply, which fits the 1-day jump.
