# Urea Prices Hold Despite Limited Activity | CZ app

> An Indian urea tender closing July 8 drew little interest, with East Coast offers near USD 365 CFR and West Coast near USD 350.50 CFR. India holds more than 11 million tonnes of urea in stock. Pakistan and Ethiopia also issued small tenders, and Brazil was quoted around USD 360 CFR with little demand.

- Date: 2024-07-14 · published 2024-07-14T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/29181-urea-prices-hold-despite-limited-activity-cz-app
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Large Indian inventories and weak tender uptake limit urea price upside until India returns with new buying, and Brazil's demand is needed to hold prices.

## Read by commodity

- UREA: neutral

## Sources

- czapp.com: https://www.czapp.com/analyst-insights/urea-prices-hold-despite-limited-activity/

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