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Urea prices have been falling daily as India has not announced its expected urea tender, pushing international prices lower across Europe, Brazil and NOLA. Iranian producers have re-entered the market with an official FOB price of USD 388/tonne, while phosphate prices are rising and potash is stable.
Absent Indian tender demand, urea offers are sliding, which pressures nitrogen input costs for feed grain growers and points to lower urea prices near term.
czapp.comStein Chingen HauganMar 17, 2025Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
