Laden…
UK ammonium nitrate producers returned to the market after withdrawing terms on 14 August, posting increases of £8/t over previous August, September and October prices. The September price has reached £225/t, and October is above it.
Indian urea demand, estimated at 1M tonnes per month through end-2020, is keeping global nitrogen prices firm, and Chinese supply in the latest tender rose.
Firm urea demand from India and higher UK ammonium nitrate prices raise fertilizer costs for grain and oilseed producers. Rising Chinese urea supply is a possible offsetting factor that could ease prices later.
uk.cofcointernational.comNick Major24 aug 2020Na 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.
