# Urea Weakens as Global Demand Slows | CZ app

> Urea prices weakened in late November as unsold December cargoes and an Indian tender pressured global markets. Brazil CFR January urea traded at USD 320/tonne, and Iran cut its FOB offers to around USD 270-305/tonne with 300,000 tonnes in inventory. Phosphate prices dipped slightly while potash held steady.

- Date: 2024-11-25 · published 2024-11-25T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/12051-urea-weakens-as-global-demand-slows-cz-app
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

Lower urea prices reduce nitrogen input costs for farmers in the near term, which can ease pressure on crop margins. Weak urea demand signals softer global fertilizer sentiment.

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| DAP | 2024-11-29 | 1 | -0.9% | -3.1 | Reports of a slight dip in phosphate prices amid weak global fertilizer demand and falling urea values point to broader sentiment pressure on DAP in late November. |

## Sources

- czapp.com: https://www.czapp.com/analyst-insights/urea-weakens-as-global-demand-slows/

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