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India's National Fertilizers Ltd issued a tender on May 27 to buy 1.7 million mt of urea, with offers due June 8 and shipment by July 20. Market participants doubted the tender would offset bearish sentiment driven by expected Chinese export quotas of about 3.3 million mt.
Expected Chinese volumes outweigh the Indian tender, so urea prices are likely to stay under downward pressure despite the sizable purchase.
spglobal.comElisavet Levogianni, Lujan Scarpinelli27.05.2026Nach 81 vergangenen Ereignisse (bearisch, Handel) bewegte sich Harnstoff im Median über 5 Handelstage um -1,0 % (28% höher; mittlere Hälfte -7,2 % bis +0,4 %) und über 20 Handelstage um -5,5 %.
Veränderungen des Benchmarks jedes Rohstoffs seit dem letzten Schluss vor dem Ereignis. Historische Werte bündeln frühere Ereignisse derselben Art; sie beschreiben, was passiert ist, nicht was passieren wird. Keine Anlageberatung.
Market participants said the large Indian tender would not offset bearish sentiment from the expected Chinese export quotas of about 3.3 mt.
Market participants said India's 1.7 Mt tender would not offset bearish sentiment from expected Chinese export quotas of about 3.3 Mt, showing sentiment dominated by supply expectations.
Market participants said the Indian tender (1.7 million mt) would not offset bearish sentiment from expected Chinese export quotas of about 3.3 million mt, so the supply outlook outweighed demand support.
