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Urea fob price declines slowed this week as liquidity stayed light before India's RCF purchasing inquiry for about 1.5 million tonnes for shipment through 5 July. Buyers in Europe and the US deferred purchases, leaving uncommitted May-June volumes from the Middle East, North Africa, Nigeria and SE Asia.
Russian Black Sea shipments were effectively blocked under the tender terms.
A sizable Indian tender for urea would absorb surplus supply and could establish a price floor, while the exclusion of Russian origins tightens available tonnage. Feed buyers face nitrogen-linked cost pressure that may firm if the tender clears.
profercy.comChris Yearsley6 Mei 2022Setelah 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.
