# Urea Outlook: Will Export Expectations Cool?

> Domestic urea prices were mixed and mostly weak on November 15, with some Shandong and Hebei producers cutting prices by 10-20 yuan per tonne. Producer inventories stood at 1.82-1.84 million tonnes, up 16.68% year on year, while compound fertilizer plant utilization fell to about 24% in the off-season. Indian urea inventories rose 42.94% year on year, which may weaken export purchasing.

- Date: 2026-11-15 · published 2026-11-15T12:13:14.446Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/101138-urea-outlook-will-export-expectations-cool
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Heavy domestic stocks and softer Indian demand cap urea prices in the short term, and China's export outlook is at risk. Traders will watch Indian tenders and winter stockpiling for the next price direction.

## Read by commodity

- UREA: neutral

## Sources

- finance.sina.com.cn: https://finance.sina.com.cn/money/future/wemedia/2026-11-15/doc-iniyvesc3156290.shtml

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.