
Urea prices stabilised after India's IPL announced a 1.5-million-tonne tender closing April 8, lifting Middle East paper futures by USD 9-13/tonne. Ammonia output in Europe is being curtailed by another producer amid high gas prices, and China's export resumption is a key uncertainty.
A large Indian tender and European ammonia curtailments support nitrogen prices, while possible Chinese exports could reverse the rally, adding cost uncertainty for feed producers.
Na 59 eerdere opwaarts handel-gebeurtenissen bewoog Aardgas zich mediaan +1,3% over 5 sessies (61% hoger; middelste helft -2,7% tot +10,6%), en +8,0% over 20.
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.
India's IPL announced a 1.5 Mt urea tender closing April 8, which lifted Middle East paper futures by USD 9-13/t and steadied prices, while European ammonia curtailments and uncertainty over China's exports add supply-side support, consistent with a sharp one-day rise.
India's IPL 1.5-million-tonne urea tender closing April 8 lifted Middle East futures by USD 9-13/tonne, while European ammonia curtailments from high gas prices tightened supply, both plausibly feeding a sharp urea price jump a few days later, though the event predates the move by three days and China's export uncertainty adds ambiguity.