# Phosphate, Potash Markets Hold for Indian Buyers | CZ app

> Urea prices rose across most regions in the week, with Middle East FOB reaching USD 315/tonne on Australian demand and Egypt FOB between USD 315 and 323/tonne. Indian phosphate and potash markets were also discussed, and a rumored June Indian urea tender had not yet been confirmed.

- Date: 2024-06-03 · published 2024-06-03T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/30107-phosphate-potash-markets-hold-for-indian-buyers-cz-app
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md), [Potash (KCl)](https://feedsoft.ai/c/POTASH.md)

## Why it matters

Rising urea offers from major exporters raise nitrogen input costs, and expected Chinese July exports could cap further gains. Traders are watching whether the Indian tender materializes.

## Read by commodity

- UREA: bullish ▲
- POTASH: neutral

## Sources

- czapp.com: https://www.czapp.com/analyst-insights/phosphate-potash-markets-hold-for-indian-buyers/

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