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Rabobank says Australian grain growers face possible shortages of imported fertilizers and agrochemicals due to COVID-19, though supplies are mostly adequate for now. Urea imports are a growing concern as growers prepare to seed the winter crop after favourable rains.
Tight Australian urea imports during peak seeding could lift local nitrogen prices and may affect winter crop planting decisions, with limited effect on grain prices.
graincentral.comGrain Central20 Apr 2020Setelah 49 peristiwa logistik bullish sebelumnya, Urea bergerak median -0,3% selama 5 sesi (45% lebih tinggi; separuh tengah -1,3% sampai +2,2%), 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.
