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Indian fertiliser importers expect higher costs if coronavirus disruptions in China shut plants and extend workers' holidays. Chinese New Year celebrations were cancelled and China's fertiliser exports could decline.
Reduced Chinese output of fertilizer would tighten global supply and could push DAP and other fertilizer prices higher, raising feed-grain input costs over time.
business-standard.comBS Reporters31 de jan. de 2020Após 11 eventos altista de doença passados, DAP subiu em mediana +0,9% em 5 sessões (64% de alta; metade central de 0,0% a +3,3%), e +2,9% em 20.
Após 758 eventos altista de qualquer tipo passados, Ureia subiu em mediana +0,1% em 5 sessões (51% de alta; metade central de -1,6% a +2,7%), e +1,3% em 20.
Variações do benchmark de cada commodity desde o último fechamento antes do evento. As leituras históricas agregam eventos passados do mesmo tipo; descrevem o que aconteceu, não o que vai acontecer. Não é recomendação de investimento.
Expected Chinese plant closures and lower fertiliser exports from the coronavirus raise import cost expectations for DAP buyers like India, a supply-side driver of the price jump.
Chinese plant closures and cancelled holidays could cut China's fertiliser exports, raising import costs for buyers like India and lifting DAP prices through supply and trade-flow effects.
Expected Chinese plant closures and lower fertiliser exports raise import-cost expectations for major DAP buyer India, supporting DAP prices through supply and sentiment channels.
