April 3 (Reuters) - Turkey has abolished tariffs on urea products to protect the agricultural sector from rising costs caused by the Middle East conflict, the trade ministry said on Friday, adding that the move also aims to enhance fertilizer supply security.

Chempricehub Analysis on Urea, Bull-Bear Score: -1
Turkey's removal of tariffs on urea products is intended to reduce agricultural costs and strengthen fertilizer supply security. This move may increase urea import supply, putting downward pressure on spot prices. Considering recent futures data (e.g., the closing price of the 2605 contract at 1,850 yuan/ton, down 5 yuan), futures prices are expected to face downward pressure due to reinforced expectations of ample supply, thus scoring as generally bearish.