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Urea Prices Trend and Forecast

In the North American region, the overall fertilizers market showcased mixed sentiments in the 3rd quarter of 2021. Q3 observed bearish sentiments for Urea in the US, where, in the first half of the quarter fertilizer industry observed a slump in consumption numbers after the spring season. Prices were assessed in late August at USD 424-450 per MT on FOB basis. However, as Q3 moved towards its conclusion

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Urea Prices Trend and Forecast

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  1. Urea Price Trend and Forecast In the North American region, the overall fertilizers market showcased mixed sentiments in the 3rd quarter of 2021. Q3 observed bearish sentiments for Urea in the US, where, in the first half of the quarter fertilizer industry observed a slump in consumption numbers after the spring season. Prices were assessed in late August at USD 424-450 per MT on FOB basis. However, as Q3 moved towards its conclusion, the Urea market gained strength as feedstock Ammonia started its uptrend due to surging Natural gas price which resulted in a substantial rise in Urea price towards the end of the quarter. https://www.chemanalyst.com/Pricing-data/urea-1190

  2. Find the Urea Prices online

  3. For the Quarter Ending September 2021 The Asian market witnessed a significant rise in the Urea pricingduring Q3 2021. Consistent demand for Urea was observed in the Chinese domestic market but the market noted low material availability. In the Indian market, shortage of fertilizers loomed on the back of high international pricing whose effects, may be felt during the coming rabi season. Lack of imports was largely due to the overall strong global agri-commodity markets, a temporary suspension of exports by China and western economic sanctions against Belarus. https://www.chemanalyst.com/Pricing-data/urea-1190

  4. The Asian market witnessed a significant rise in the Urea supply during Q3 2021

  5. Europe experienced firm sentiments for Urea demand The North American region faced improved demand for Urea during the quarter, but due to the shortage of feedstock chemicals, prices remained high. Urea prices across the Asian market rose consistently due to healthy improvement in demand from the domestic as well as international fertilizers market.

  6. Urea price across the Asian market rose consistently due to healthy improvement in demand Urea prices across the Asian market rose consistently due to healthy improvement in demand from the domestic as well as international fertilizers market. During Q1 2021, prices in China suddenly surged due to partial lockdown activities amid surging daily COVID-19 cases, although it didn’t affect the production of Urea in the country, but road transportation and exports activities started facing trouble. Meanwhile, in the Indian market, demand for Urea improved compared to the prior quarter and limited supply supported its prices. https://www.chemanalyst.com/Pricing-data/urea-1190

  7. Get more information:websites:- www.chemanalyst.comContact No:- +16468620089E-Mail: sales@chemanalyst.com

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