# Global urea producers hopeful pending Indian tender purchase will support market

> India's National Fertilizers Ltd secured about 1.18 million tonnes of urea in a tender with shipments to end-October, with awards pending. Middle East and Baltic suppliers were expected to supply most of the volume at firm netbacks.

- Date: 2024-09-06 · published 2024-09-06T12:00:00.000Z
- Category: trade · region India · magnitude medium
- Page: https://feedsoft.ai/events/28224-global-urea-producers-hopeful-pending-indian-tender-purchase-will-support-market
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Large Indian purchases tighten near-term supply and support global urea prices. Strong import demand from India is a key bullish driver for nitrogen markets.

## Read by commodity

- UREA: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2023-12-21 | [Urea: Indian purchasing tender offers silver lining to producers](https://feedsoft.ai/events/33020-urea-indian-purchasing-tender-offers-silver-lining-to-producers.md) | +0.8% | +1.8% |
| UREA | 2024-09-03 | [Directionless global urea market awaits outcome of latest Indian purchasing tender](https://feedsoft.ai/events/28636-directionless-global-urea-market-awaits-outcome-of-latest-indian-purchasing.md) | +1.7% | +2.5% |
| UREA | 2025-06-30 | [India Tender Supports Volatile Urea Market \| CZ app](https://feedsoft.ai/events/24144-india-tender-supports-volatile-urea-market-cz-app.md) | +7.9% | +11.8% |
| UREA | 2024-06-28 | [Upcoming India Urea Tender Provides Price Support \| CZ app](https://feedsoft.ai/events/29671-upcoming-india-urea-tender-provides-price-support-cz-app.md) | -2.1% | -0.5% |
| UREA | 2024-11-17 | [India Secures Urea Tender But More Price Support Needed \| CZ app](https://feedsoft.ai/events/27321-india-secures-urea-tender-but-more-price-support-needed-cz-app.md) | -0.4% | +3.0% |

## Sources

- profercy.com: https://www.profercy.com/insights/global-urea-producers-hopeful-pending-indian-tender-purchase-will-support-price-gains

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