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The latest Indian urea import tender drew over 3 million tonnes of offers, with early indications of the lowest price below $340/t CFR India. Benchmark urea prices fell $15-30/t elsewhere, and the US price dropped about $15/t as the market looked adequately supplied.
Egypt discounted aggressively to move product into Europe and North America.
A large Indian tender with low offers resets global urea benchmarks lower, and aggressive Egyptian discounting adds supply pressure in Europe and North America.
farmingportal.co.za2024年3月30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 Indian import tender drew over 3 million tonnes of offers with indicative lows below $340/t CFR, signalling ample supply and triggering sharp price cuts of $15-30/t across benchmarks, which is directly in line with the 1-day drop ending 2024-04-01.
The Indian tender drew over 3 million tonnes of offers at lows below $340/t CFR, which pushed benchmark urea down $15-30/t and sharply cut sentiment right at the end of March.
The Indian tender drew over 3 million tonnes of offers at below $340/t CFR, signaling ample supply and pulling benchmark urea down $15-30/t in the week ending around April 2.
