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Rabobank's Global Fertilizer Outlook 'Swamped with Supply' says fertilizer prices fell considerably in 2019 because of abundant supply and weak demand. It expects a demand rebound and supply constraints from environmental reforms and weather to support prices.
It forecasts weak N, P and K pricing in the U.S. through Q2 2020 and lower EU demand.
Oversupply and heavy channel inventories point to continued weak fertilizer prices in the near term. A later demand rebound and supply curbs could lift prices, but this is likely a 2020 story.
agribusinessglobal.comMatt Hopkins2019年12月17日在过去 26 次中性的报告事件之后，尿素 在 5 个交易日内中位数变动 -0.4%（42% 上涨；中间一半区间为 -4.1% 至 +1.5%），20 个交易日内为 +0.9%。
在过去 38 次中性的报告事件之后，DAP 在 5 个交易日内中位数变动 +0.5%（61% 上涨；中间一半区间为 -0.5% 至 +1.6%），20 个交易日内为 +3.9%。
历史可比事件尚不足，暂无法给出历史解读。
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。
