# India Tender Pushes Urea Prices Lower | CZ app

> An India urea import tender closing November 11 pushed prices lower, with Brazil offers falling to USD 345-350/tonne CFR from about USD 370. Weak demand and about 1.5 million tonnes of urea vessels heading to Brazil weighed on the market.

- Date: 2024-11-11 · published 2024-11-11T12:00:00.000Z
- Category: trade · region India · magnitude medium
- Page: https://feedsoft.ai/events/27320-india-tender-pushes-urea-prices-lower-cz-app
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

A lower tender-led price reset and heavy Brazil-bound supply ease near-term nitrogen costs for feed grain growers, though the outcome depends on the final tender award.

## Read by commodity

- UREA: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2024-03-30 | [Indian Tender pushes Urea prices down.](https://feedsoft.ai/events/5304-indian-tender-pushes-urea-prices-down.md) | -13.2% | -18.2% |
| UREA | 2024-10-28 | [Urea Prices Dip After India Tender Delay \| CZ app](https://feedsoft.ai/events/5407-urea-prices-dip-after-india-tender-delay-cz-app.md) | -3.6% | -5.5% |
| UREA | 2024-11-04 | [India's Urea Tender Fails to Revive Prices \| CZ app](https://feedsoft.ai/events/27723-india-s-urea-tender-fails-to-revive-prices-cz-app.md) | -2.0% | -1.9% |
| UREA | 2025-02-24 | [Urea Prices Stall Amid Delayed India Tender \| CZ app](https://feedsoft.ai/events/7457-urea-prices-stall-amid-delayed-india-tender-cz-app.md) | -0.3% | -4.4% |
| UREA | 2023-06-04 | [India Announces 800k Tonne Urea Tender \| CZ app](https://feedsoft.ai/events/8823-india-announces-800k-tonne-urea-tender-cz-app.md) | +0.5% | +3.4% |

## Sources

- czapp.com: https://www.czapp.com/analyst-insights/india-tender-pushes-urea-prices-lower/

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