The Iran conflict has already triggered sharp price rises on the global market. The effects on the European domestic market are only now beginning to be felt and could become clearly visible in the coming weeks.
1️⃣ World market (urea export prices)
→ Reacts immediately to geopolitical events (Iran conflict).
2️⃣ EU import prices
→ react with a few days delay when new deliveries are contracted.
3️⃣ Retail prices Germany
→ react the slowest because
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Stocks are available
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Contracts are running
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demand can be weak.
Interpretation of the chart
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The first sharp price jump occurs on the world market.
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This is followed by EU import prices.
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Dealer prices for farmers typically rise 1-4 weeks later.
Result:
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World market prices virtually "explode"
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while domestic dealer prices remain relatively stable.
