# Nitrogen prices are weakening.

> Weekly South African retail fertiliser prices fell between 14 and 21 November, with urea granular down 1.1%, MAP down 0.8% and KCl down 0.7%. India bought over 1 million tonnes of urea at about $362/t CFR, but Middle East FOB prices slipped toward $340/t and Brazil's price is sliding as heavy volumes arrive.

- Date: 2024-11-22 · published 2024-11-22T12:00:00.000Z
- Category: trade · region Global · magnitude medium
- Page: https://feedsoft.ai/events/27724-nitrogen-prices-are-weakening
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Heavy Brazilian commitments and aggressive Middle Eastern and Iranian offers keep global urea export prices under downward pressure despite India's purchase, which lowers input costs for feed producers.

## Read by commodity

- UREA: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2022-05-27 | [Nitrogen and phosphates drift downwards as Rand strength helps push local prices down. - South Africa](https://feedsoft.ai/events/6165-nitrogen-and-phosphates-drift-downwards-as-rand-strength-helps-push-local.md) | -17.5% | -21.4% |
| UREA | 2022-10-28 | [China's return to the international marker drives down pricing of nitrogen, phosphate and potash \| Farm Weekly \| WA](https://feedsoft.ai/events/10122-china-s-return-to-the-international-marker-drives-down-pricing-of-nitrogen.md) | -8.1% | -12.8% |
| UREA | 2023-02-06 | [Urea and Ammonia Prices Keep Falling \| CZ app](https://feedsoft.ai/events/11748-urea-and-ammonia-prices-keep-falling-cz-app.md) | -6.5% | -8.3% |
| UREA | 2026-08-20 | [IFDC: China’s urea exports ease nitrogen prices, but fertilizer markets remain tense - Fertilizer Daily](https://feedsoft.ai/events/17859-ifdc-china-s-urea-exports-ease-nitrogen-prices-but-fertilizer-markets-remain.md) | +1.1% | +17.4% |
| UREA | 2021-08-05 | [Fertilizer prices stabilise after boom](https://feedsoft.ai/events/45871-fertilizer-prices-stabilise-after-boom.md) | +1.4% | +8.5% |

## Sources

- farmingportal.co.za: https://farmingportal.co.za/index.php/agri-index/68-crops/11179-nitrogen-prices-are-weakening

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