# India's Urea Tender Fails to Revive Prices | CZ app

> India's urea tender, closing November 11 with shipments by December 25, has failed to stimulate the market, and prices have softened across most regions outside Brazil. Egyptian FOB levels fell more than $25/t since early October, while Middle East FOB dropped about $10/t. Phosphate prices are also under pressure as India steps back from the market.

- Date: 2024-11-04 · published 2024-11-04T12:00:00.000Z
- Category: trade · region India · magnitude medium
- Page: https://feedsoft.ai/events/27723-india-s-urea-tender-fails-to-revive-prices-cz-app
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md), [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

Weak tender response and falling Middle East and Egyptian offers point to lower nitrogen fertiliser costs, though analysts expect India may still buy up to 2 million tonnes, which could limit further declines.

## Read by commodity

- DAP: bearish ▼
- UREA: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2024-11-11 | [India Tender Pushes Urea Prices Lower \| CZ app](https://feedsoft.ai/events/27320-india-tender-pushes-urea-prices-lower-cz-app.md) | +0.5% | +1.3% |
| 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 | 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% |
| UREA | 2023-08-13 | [Urea Values Fall After Indian Tender \| CZ app](https://feedsoft.ai/events/34501-urea-values-fall-after-indian-tender-cz-app.md) | -0.4% | +6.5% |
| DAP | 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) | +0.9% | +0.9% |
| DAP | 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) | +2.1% | +2.3% |
| DAP | 2024-12-16 | [Urea Prices Surge But Phosphate and Ammonia Struggle \| CZ app](https://feedsoft.ai/events/26888-urea-prices-surge-but-phosphate-and-ammonia-struggle-cz-app.md) | +1.7% | +3.2% |

## Sources

- czapp.com: https://www.czapp.com/analyst-insights/indias-urea-tender-fails-to-revive-prices/

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