Post by Hanna Zhang

🌍 Urea Market Update: Pressure Persists, but Glimmers of Stabilisation Ahead The global urea market continues its downward trajectory, though the pace of decline is finally easing. 🛢️ Geopolitical shifts: The US waiver on Iranian urea sanctions (until 21 August) has opened the door for USD-denominated purchases, yet cautious sentiment lingers over Strait of Hormuz transit safety – with 8 vessels crossing since 19 June, but IMO evacuations paused after an attack. 🇪🇬 Egypt revises export levy: The fixed $90/t duty on urea has been replaced with a 10% FOB-based charge, offering relief to producers amid the price slump. 🇨🇳 Chinese exports pick up: Lower floor prices from China add further supply weight, though buying interest remains tepid. 🔮 Outlook: The weight of Middle Eastern and Chinese cargoes continues to bear down on the market. However, deferred demand is expected to return in July, with firmer conditions potentially emerging from August onwards. All eyes will be on how buyers and sellers navigate this volatile landscape. 📊 What's your read on the market? Is the bottom in sight, or more pain ahead? Hanna Zhang 📱 WhatsApp/WeChat: +86 18865422365 📧 Email: [email protected] #Urea #NitrogenFertilizer #FertilizerMarket #GlobalFertilizer #Agrochemicals #CropNutrition #FertilizerPrices #MarketUpdate #AgricultureIndustry #ARLA32 #AUS32 #DieselExhaustFluid #Melamine #AmmoniumSulfate #PotassiumNitrate #FertilizerSupply #ChemicalSupplier #AgroChemicals #NewSupply #BulkChemicals #Fertilizer #Fertilizers #Agriculture #Farming #AgroChem #SoilHealth #CropNutrition #ChemicalIndustry #IndustrialChemicals #ChemicalSupplier #ChemicalSupply #RawMaterials #BulkSupply #ChemicalTrading #Hormuz