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International urea prices lifted this week on demand from Australia and the US, with a Qatar Energy sale at USD 380/tonne FOB and a Vietnamese cargo reported at USD 405/tonne FOB. NOLA barges traded at USD 297 to 333 per tonne, and buyers in Brazil and Europe are holding back.
Prices are expected to hold until Chinese exports resume in April.
Spring import demand from the US and Australia supports urea prices, but expected Chinese export resumption could pressure them later. Thin buying from Brazil and Europe limits near-term upside.
czapp.comStein Chingen Haugan2024/02/26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。
Late-February report of urea prices lifting on Australian and US demand and firm FOB sales shows tightening trade flow and buyer momentum just before the 1 March move, with prices expected to hold until Chinese exports resume.
