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India's 2 million tonne urea tender closes July 7 for shipment by August 22, and Iran and Egypt have resumed production. Iranian urea is offered at about USD 420/tonne FOB, but bids are below USD 400, and Egyptian granular has sold at up to USD 460.
China may release another 2 million tonnes.
The tender price will show whether urea has peaked, since current prices look high against grain values. Additional Chinese volumes could trigger a price correction, while buyers in India and Brazil face affordability pressure.
在过去 23 次中性的贸易事件之后,尿素 在 5 个交易日内中位数变动 0.0%(48% 上涨;中间一半区间为 -1.1% 至 +1.0%),20 个交易日内为 +2.8%。
各商品基准价相对事件前最后收盘价的变动。历史数据汇总同类过往事件;仅描述已发生的情况,不代表未来走势。不构成投资建议。