
Rashtriya Chemicals and Fertilizers bought 555,900 tonnes in its urea tender against a target of 1.5 million tonnes. The shortfall led the market to conclude that supply is tighter than expected, and global urea prices rose in the days after.
Urea NOLA swaps traded up to US$401/st.
Smaller-than-expected Indian award volumes signal tighter global supply and push urea prices higher, with the effect carrying into spring ship tonnages.
過去の強気な貿易イベント176件の後、尿素 は5営業日で中央値 +0.1% 動き(51% が上昇。中央50%は -1.3% から +2.4%)、20営業日では +1.6% 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。
India's RCF tender bought only 555,900 t versus a 1.5M t target at higher-than-expected prices, signaling tight global supply and directly pushing urea prices (NOLA swaps up to $401/st) higher during the window.
India's RCF tender secured only 555,900 t against a 1.5 Mt target, so the market concluded supply was tighter than expected and global urea prices rose in the following days.