Urea prices have declined this week generally, but the range is not significant, which is reflecting a temporary equilibrium in the short-term market. According to the sales bidding in Indonesia, the price of several batches of small and large granular urea delivered in April was FOB342 US dollars p

Price decline after purchase restriction in India As suppliers continue to chase limited demand, most urea market prices fell this week.India's procurement bidding has not officially ended, but it seems that IPL will order 1.15 million tons of urea at the price of US $330-334.8 per ton. The supply

On March 3, the India’s IPL urea import bidding received bids from 19 companies, with a total of 3.274 million tons, 1.487 million tons from east coast, 1.697 million tons from the west coast, and 90000 tons of FOB supply. The lowest price of CFR is US $334.8/ton for Liven on the East Coast and US $

Indian bidding boosts producer morale The news that India is about to carry out urea bidding boosted the confidence of the seller, and the market trend in the previous week was disappointing. Due to low liquidity and scattered demand, prices in all regions fell by about US $30/ton on average. In the

This week, sufficient supply continued to depress prices, especially in the West. Due to the efforts of traders and producers to ensure sales, the price of large granular urea in the European and American markets and the Middle East market fell by 10%. The decline in the Asian market was small, main