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India's RCF urea tender offered about 3.1 million tonnes, with Middle East urea rumoured near USD 325/tonne FOB and Russian prilled urea near USD 270/tonne FOB. Chinese urea is expected to return to export markets in late May and early June, with second-half exports estimated around 4 million tonnes.
Heavy offered volumes from India, Russia, the Middle East and China, plus lower Indian imports as domestic output rises, point to weaker urea prices in the coming months.
czapp.comStein Chingen Haugan2024年4月2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。
The large RCF tender offer volume, low Middle East and Russian FOB price talk, and expected return of Chinese exports point to weak demand and plentiful supply, pushing prices down.
