
India's RCF secured 1.3 million tonnes of urea at $508-512/t cfr, with letters of intent issued on February 24. The purchase was about 200,000 tonnes larger than earlier availability estimates and absorbed most remaining spot supply for March.
Spot values in the Middle East, SE Asia and Indonesia advanced toward multi-year highs.
Heavy Indian buying removes nearby urea supply and pushes buyers in other markets to pay more for April arrivals. Prices are approaching July 2025 levels seen during Iran-related disruption, so urea costs for feed-grain and corn growers are likely to stay firm.
Na 176 eerdere opwaarts handel-gebeurtenissen bewoog Ureum zich mediaan +0,1% over 5 sessies (51% hoger; middelste helft -1,3% tot +2,4%), en +1,6% 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.