
The latest Indian urea import tender drew over 3 million tonnes of offers, with early indications of the lowest price below $340/t CFR India. Benchmark urea prices fell $15-30/t elsewhere, and the US price dropped about $15/t as the market looked adequately supplied.
Egypt discounted aggressively to move product into Europe and North America.
A large Indian tender with low offers resets global urea benchmarks lower, and aggressive Egyptian discounting adds supply pressure in Europe and North America.
81 geçmiş düşüş yanlı ticaret olayları olayından sonra, Üre 5 seansta medyan %-1,0 hareket etti (%28 daha yüksek; orta yarı %-7,2 ile +%0,4 arası) ve 20 seansta %-5,5.
Her emtianın referansının olaydan önceki son kapanışa göre hareketi. Geçmiş okumalar aynı türdeki geçmiş olayları birleştirir; neyin olduğunu anlatır, neyin olacağını değil. Yatırım tavsiyesi değildir.
The Indian import tender drew over 3 million tonnes of offers with indicative lows below $340/t CFR, signalling ample supply and triggering sharp price cuts of $15-30/t across benchmarks, which is directly in line with the 1-day drop ending 2024-04-01.
The Indian tender drew over 3 million tonnes of offers at lows below $340/t CFR, which pushed benchmark urea down $15-30/t and sharply cut sentiment right at the end of March.
The Indian tender drew over 3 million tonnes of offers at below $340/t CFR, signaling ample supply and pulling benchmark urea down $15-30/t in the week ending around April 2.