An ING outlook says fertiliser supply fell in 2022 and prices hit record highs, which cut demand. Sanctions on Russian and Belarusian exports and Chinese export restrictions have shifted trade flows, and those shifts will continue into 2023.
Lower fertiliser use is expected to weigh on crop yields.
Reduced fertiliser application threatens next season's yields, which supports grain and oilseed prices. Trade rerouting and sanctions keep nutrient supply uncertain, so the fertiliser price outlook stays volatile.
在过去 205 次看涨的地缘政治事件之后,尿素 在 5 个交易日内中位数变动 +0.4%(53% 上涨;中间一半区间为 -2.1% 至 +3.0%),20 个交易日内为 -0.4%。
历史可比事件尚不足,暂无法给出历史解读。
在过去 114 次看涨的地缘政治事件之后,DAP 在 5 个交易日内中位数变动 +0.0%(50% 上涨;中间一半区间为 -0.3% 至 +1.2%),20 个交易日内为 +0.3%。
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。