Due to the relative slowdown of domestic demand, most European buyers did not make new purchases, while Egyptian and Algerian producers facing inventory pressure cut their FOB prices. Adequate supply and sluggish demand remain the main themes, and the American market remains weak.Even the demand of

The price in the East is firm due to the India mark, but the West is weakBecause India's procurement bidding absorbed some quantity in the market, the urea price in the east of Suez was firm, but due to the price drop in Europe and the Americas, the urea price in the west was weak.India IPL has orde

After India announced another procurement bidding, the liquidity of several major markets slowed down, and the urea price was uncertain this week.The activities are mainly concentrated in Southeast Asia, where the FOB price of several batches of granular urea is about 630 US dollars/ton. However, as

Urea prices declined in most of markets this week, sellers reduced prices to levels where buyers were willing to re-participate.Egypt has the strongest liquidity, but the producer was forced to reduce the price to 700 USD/t FOB - about 100 USD/t lower than the quotation last week, but a series of su

Insufficient liquidity, the international market is under pressureGlobal urea market activity was muted this week, with buyers in most markets taking a wait-and-see attitude.A shipment of Chinese granular urea cargoes destined for regional markets traded at US$630-640/ton FOB, but import demand from