China has issued export quotas for urea after banning many fertilizer exports in March to protect domestic supply. Chinese producers confirmed receiving quotas, and India is expected to be a major buyer.
Renewed Chinese urea exports add meaningful supply to a market tightened by the Hormuz disruption, which should ease global nitrogen prices.
過去の弱気な貿易イベント81件の後、尿素 は5営業日で中央値 -1.0% 動き(28% が上昇。中央50%は -7.2% から +0.4%)、20営業日では -5.5% 動きました。
イベント直前の終値からの各商品ベンチマークの動き。過去の傾向は同種の過去イベントをまとめたものであり、起きたことを示すもので、今後を示すものではありません。投資助言ではありません。
China issuing fresh urea export quotas on May 1 eases a major supply constraint and likely triggered the sharp one-day price drop.
China issuing fresh urea export quotas (reported around Apr 30-May 1) signals new supply reaching the market, which plausibly triggered the sharp one-day price drop.