
India's state agency MMTC issued its ninth urea purchasing tender of the current campaign, for shipment by 6 January 2021, with bids closing 1 December. The campaign has booked over 7.67 million tonnes since April, and strong demand has been driven by labour returning home during Covid-19 and a good monsoon.
Urea prices firmed globally ahead of the tender, with Egyptian and US Gulf values rising.
A large Indian tender pulls supply from exporters and tightens the global urea balance, supporting nitrogen prices for feed and grain producers. Buyers should expect firmer urea pricing into the bid period.
과거 상승 무역 이벤트 176건 이후, 요소은 5거래일 동안 중앙값 +0.1% 변동(상승 51%; 중간 50% 범위 -1.3%~+2.4%), 20거래일 동안 +1.6%.
각 품목 벤치마크의 이벤트 직전 종가 대비 변동. 과거 수치는 같은 유형의 과거 이벤트를 합산한 것으로, 일어난 일을 설명할 뿐 앞으로 일어날 일이 아닙니다. 투자 자문이 아닙니다.
India's ninth MMTC urea tender (bids closing 1 Dec) after 7.67 Mt already booked signals strong import demand, and urea values firmed globally ahead of it, which is a direct trade-flow driver of the jump.