
Australian urea wholesale prices have fallen to about A$950/t from A$1390 earlier in the month, shifting from shortage toward oversupply. Retailers are criticizing the government's A$7.5 billion import underwriting scheme as distorting the local market.
A growing global backlog of Persian Gulf product is expected to arrive by spring, pointing to further nitrogen price declines. Input cost relief for Australian livestock and grain producers is likely, though the subsidy scheme adds local price distortion.
Setelah 34 peristiwa kebijakan bearish sebelumnya, Urea bergerak median -0,8% selama 5 sesi (38% lebih tinggi; separuh tengah -3,3% sampai +1,8%), dan -4,5% 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.