
Urea futures rose to as high as $684 per tonne, the highest since October 2022, and are more than 70% higher this year. The rally reflects Middle East war disruption to Strait of Hormuz flows, a gas price spike, plant shutdowns in India and Bangladesh, and tighter export restrictions from China and Russia.
Combined supply restrictions and pre-planting demand are pushing fertilizer costs sharply higher, which raises production costs for feed grain and oilseed growers and supports corn prices over the spring season.
Na 205 eerdere opwaarts geopolitiek-gebeurtenissen bewoog Ureum zich mediaan +0,4% over 5 sessies (53% hoger; middelste helft -2,1% tot +3,0%), en -0,4% over 20.
Na 323 eerdere opwaarts geopolitiek-gebeurtenissen bewoog Maïs zich mediaan +0,5% over 5 sessies (57% hoger; middelste helft -1,5% tot +2,9%), en +0,9% over 20.
Bewegingen van de benchmark van elke grondstof sinds de laatste slotkoers vóór de gebeurtenis. Historische waarden bundelen eerdere gebeurtenissen van hetzelfde soort; ze beschrijven wat er gebeurde, niet wat zal gebeuren. Geen beleggingsadvies.
Urea futures hit the highest level since Oct 2022 on Hormuz disruption, gas spike, Asian plant shutdowns and Chinese/Russian export curbs, which is the supply-shock backdrop for the sharp one-day jump, though it predates 3/31 by a week.