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China has asked some fertilizer producers to suspend urea exports after domestic prices jumped. The move is expected to restrict supplies and raise costs for farmers in key importing countries.
Cutting China's urea exports removes a major source of global nitrogen supply, which tends to push up international urea prices and farm input costs.
bloomberg.comHallie Gu2023. 9. 7.
feedstuffs.comBloomberg2023. 9. 7.과거 상승 정책 이벤트 129건 이후, 요소은 5거래일 동안 중앙값 -0.1% 변동(상승 47%; 중간 50% 범위 -1.3%~+2.3%), 20거래일 동안 +1.4%.
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.
China's request that producers suspend urea exports cuts global supply and raises prices, though reported Sept 7, after the move, it reflects the underlying driver already circulating.
China's request that producers suspend urea exports restricts global supply and plausibly drove the jump, though the article is dated two days after the move, so it likely reports a development already known to the market.
