# China Absence, India Tender Creates Urea Market Rally | CZ app

> Urea markets turned positive in late May as China is expected to keep export restrictions in place for June and possibly July. Pupuk Indonesia's tender sold about 140,000 tonnes for June shipment at $312.26/t FOB, and Brazilian buyers paid $315-325/t CFR. Traders also expect an Indian tender in mid-to-late June.

- Date: 2024-05-28 · published 2024-05-28T12:00:00.000Z
- Category: trade · region Global · magnitude medium
- Page: https://feedsoft.ai/events/30180-china-absence-india-tender-creates-urea-market-rally-cz-app
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Continued Chinese export curbs and a likely Indian tender tighten near-term urea supply, which supports higher nitrogen input costs for feed grain production and pushes up prices for the next few months.

## Read by commodity

- UREA: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2024-12-09 | [India Urea Tender Rumours Drive Price Surge \| CZ app](https://feedsoft.ai/events/26889-india-urea-tender-rumours-drive-price-surge-cz-app.md) | +2.5% | +9.5% |
| UREA | 2025-01-06 | [India’s Urea Tender Falls Short, Potash Prices Rise \| CZ app](https://feedsoft.ai/events/11882-india-s-urea-tender-falls-short-potash-prices-rise-cz-app.md) | +4.0% | +14.8% |
| 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 | 2025-01-27 | [Urea Continues Rise Ahead of India Tender Pricing \| CZ app](https://feedsoft.ai/events/26438-urea-continues-rise-ahead-of-india-tender-pricing-cz-app.md) | +1.4% | +12.4% |

## Sources

- czapp.com: https://www.czapp.com/analyst-insights/china-absence-india-tender-creates-urea-market-rally/

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