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China reversed a recent decision to allow urea exports from May by adding another approval layer, with exports only permitted if domestic prices fall. Traders are confused by the change, and fund positioning in the broader ag complex is at its shortest in over four years.
China is a major urea exporter, so renewed export restrictions tighten global supply and could support prices after the recent slide. The uncertainty also raises volatility for importers buying nitrogen fertilizer.
在过去 129 次看涨的政策事件之后,尿素 在 5 个交易日内中位数变动 -0.1%(47% 上涨;中间一半区间为 -1.3% 至 +2.3%),20 个交易日内为 +1.4%。
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。