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Trade sources in India say China's order to suspend some urea exports will have limited direct impact on India's supply, since its China imports are already small and falling. However, the decision could lift global urea prices, which had already risen about 30% in India between July and August.
Even with limited direct impact on India, the loss of Chinese tonnage and firm Brazilian and Argentine demand point to higher global urea prices and costlier import purchases.
business-standard.comSanjeeb Mukherjee7 sep 2023Na 129 eerdere opwaarts beleid-gebeurtenissen bewoog Ureum zich mediaan -0,1% over 5 sessies (47% hoger; middelste helft -1,3% tot +2,3%), en +1,4% 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.
