Short covering to support urea prices The nitrogen fertilizer market is generally weak, but the import demand and short covering by traders in many markets this week have supported urea prices. The price of urea in the United States experienced the largest increase, with the FOB price of Nora immedi

Due to the continued downturn in demand, there is widespread bearish sentiment in the market. This week, the prices of all nitrogen fertilizers, including urea, ammonium sulfate, nitrate, and nitramine solutions, have declined.There are almost few urea transactions, and there are some small-scale tr

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

As demand remains insufficient to balance the market, urea prices in other regions except the United States have fallen again.Due to spring demand and short covering by traders, prices in the US Gulf region rose to CFR $360 per ton, but prices in other regions fell sharply.Transaction prices in Braz

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