
Urea prices rallied in western markets as traders covered short positions after a paper-market surge ahead of an expected Indian tender. Hurricane Ida also shut CF Industries' Donaldsonville plant, pushing US Gulf values from about $430 to nearly $500 per ton fob Nola, a nine-year high.
Eastern prices were still waiting for the Indian announcement.
Expected Indian buying and a supply shortfall in the US Gulf are tightening nitrogen availability, pushing urea prices higher and raising feed-related nitrogen and input costs.
在过去 176 次看涨的贸易事件之后,尿素 在 5 个交易日内中位数变动 +0.1%(51% 上涨;中间一半区间为 -1.3% 至 +2.4%),20 个交易日内为 +1.6%。
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。
Western urea rallied on 2021-09-03 as traders covered shorts and Ida's plant shutdown pushed Nola from about $430 to nearly $500/t, matching the move's timing and size.
Western urea rallied as shorts covered and Ida shut Donaldsonville, lifting fob Nola from about $430 to nearly $500/t.
Short covering and the Donaldsonville shutdown pushed US Gulf urea to a nine-year high, but it is dated 2021-09-03, just after the window, so it likely confirms rather than drove the move.
Short covering ahead of the Indian tender, combined with the Donaldsonville outage, lifted western urea prices, though the report is dated just after the move.