
Yara says nitrogen fertiliser prices, which have risen more than €60/t over six months, are partly driven by lower Chinese urea output after coal-cost increases and production cuts. Chinese urea exports fell 36% in 2016 to 8.9m tonnes and are forecast to fall a further 15% to 40% in 2017.
Yara expects rising global capacity to pull prices lower later in 2017.
Tighter Chinese urea exports keep nitrogen input costs elevated for feed grain growers in the near term, while new capacity offers relief later in the year.
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%。
在过去 480 次中性的贸易事件之后,玉米 在 5 个交易日内中位数变动 +0.2%(54% 上涨;中间一半区间为 -1.1% 至 +1.6%),20 个交易日内为 +0.7%。
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。