Urea prices rose by double-digit percentages across all regions in the week to July 27, 2023, as sellers pushed prices higher ahead of an Indian tender seeking about 1 million tonnes, closing 9 August. Early indications pointed to a price near $420/t CFR India, about $140/t above the June tender.
Phosphate and potash prices were broadly stable, with the stronger rand limiting South African rand-denominated gains.
A large Indian tender and possible Chinese export restrictions point to continued upward pressure on nitrogen prices. Higher fertilizer costs feed into grain production economics, while the stable phosphate and potash prices limit broader input inflation.
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.
Na 36 eerdere neutraal handel-gebeurtenissen bewoog DAP zich mediaan +0,7% over 5 sessies (64% hoger; middelste helft -0,0% tot +2,1%), en +0,4% over 20.
Nog niet genoeg vergelijkbare eerdere gebeurtenissen voor een historische analyse.
Nog niet genoeg vergelijkbare eerdere gebeurtenissen voor een historische analyse.
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.
Double-digit weekly urea price gains globally as sellers pushed prices ahead of an Indian tender for ~1 Mt closing 9 August, a direct demand and trade-flow driver of the move.
Double-digit urea price gains in the week to July 27 as sellers priced ahead of an Indian tender for about 1 Mt, indicated about $140/t above the June tender, which directly explains the move through demand and sentiment.
Double-digit urea price gains across all regions in the week to July 27, driven by sellers pricing ahead of an Indian tender for ~1 Mt, directly explains the one-day jump.
Double-digit price jumps across regions ahead of a roughly 1 Mt Indian tender, with a price indication about $140/t above June, point to demand-driven repricing in the week to July 27.