Traders have joined the trend in IndiaTraders have joined the MMTC bid for the best opportunity to sell urea in the next six weeks, and sold more than 600,000 tons of urea to India this week. Adnoc and PIC have sold 120,000 tons.The net price isf 267-271 US dollars / ton FOB Middle East and 262-265

India's bidding support is strong Since last week, the price of urea has gradually strengthened, prompting traders to start purchasing urea for April before the tender for India on March 27. In the Baltic and Egypt, prices have risen by about $5/ton. When the Indian MMTC closes on April 3rd, the pri

The United States provided temporary help The rise in US urea prices has boosted the Western urea market. Since last week, due to tight supply delays at the port of Nola, the price has been pushed up by more than $20/ton. Nola's CFR price $270/ton may attract more stock, so suppliers want to know ho

Seeking support Low demand continues to weigh on urea prices, and the market lacks support. In the past week, prices have not fallen sharply, in part because buyers are few, but demand is expected to rise in April. Considering the electoral factors and strong sales in February, India may return to t

Stable price in March Producers have promised production in March in several areas and prices are stabilizing. The market recovered calm this week, but it has no effect on prices. Earlier this week, the company carried out two low-priced, large-grand sales, reflecting the FOB price in the Middle Eas