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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 de ago. de 2020Após 176 eventos altista de comércio passados, Ureia subiu em mediana +0,1% em 5 sessões (51% de alta; metade central de -1,3% a +2,4%), e +1,6% 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.
