# Phosphate, Ammonia Look Bullish While Urea Awaits Demand | CZ app

> Processed phosphate prices rose in India and Pakistan on limited supply, and the Tampa August ammonia contract rose USD 60 per tonne after gas curtailments in Trinidad. Urea was sideways, awaiting another Indian tender and Latin American demand. Iranian urea sales struggled, and an Indonesian prilled tender reached USD 370 per tonne FOB.

- Date: 2024-07-28 · published 2024-07-28T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/29175-phosphate-ammonia-look-bullish-while-urea-awaits-demand-cz-app
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md), [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Tight phosphate and ammonia supply supports those prices, while urea depends on a fresh Indian tender to avoid further erosion.

## Read by commodity

- DAP: bullish ▲
- UREA: neutral

## Sources

- czapp.com: https://www.czapp.com/analyst-insights/phosphate-ammonia-look-bullish-while-urea-awaits-demand/

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