
China suspended urea exports on October 15, and strong Indian demand is tightening the market. Urea prices in New Orleans rose 4% in October and 23% year on year, with forward prices for December and January also climbing.
India must source urea elsewhere after China's ban, which is expected to support global nitrogen prices into 2026. The export suspension is a major supply shock.
Após 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.
It reports China's urea export halt and strong Indian demand tightening supply, with New Orleans prices and forward December/January prices rising, which supports continued upward price pressure into Nov 3.