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Indian Potash Limited's 20 October urea tender drew confirmations for just under 1.7 million tonnes at $400-404/t CFR for December shipment. Middle East material supplied at least a third of the volume at netbacks in the mid-to-high $380s/t FOB, and Indonesian export licences added about 200,000 tonnes.
Producers had earlier targeted over $400/t FOB, and African suppliers were less keen on India.
A large Indian purchase that still came in below producer targets suggests urea prices will soften after the tender, which pressures nitrogen costs for feed-grain and forage growers.
profercy.comChris Yearsley2023年10月27日在过去 81 次看跌的贸易事件之后，尿素 在 5 个交易日内中位数变动 -1.0%（28% 上涨；中间一半区间为 -7.2% 至 +0.4%），20 个交易日内为 -5.5%。
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。
