Memuat…
Worldwide urea prices continue to fall as buying for spring ends in the USA and Europe. India has announced a new tender targeting about 750,000t for shipment to 10 June, with prices expected in the low $230s/t CFR versus the $250s in the last tender.
Solid Australian demand is supportive but not enough to offset weak western hemisphere demand.
Lower expected Indian tender prices and strong competition from FSU, North African and Middle Eastern suppliers point to continued bearish urea pricing, which lowers nitrogen input costs for feed grain producers.
profercy.comChris Yearsley1 Mei 2020Setelah 81 peristiwa perdagangan bearish sebelumnya, Urea bergerak median -1,0% selama 5 sesi (28% lebih tinggi; separuh tengah -7,2% sampai +0,4%), dan -5,5% 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.
