# Urea Prices Collapse Across Board | CZ app

> Urea prices collapsed after India bought only 340 kt in its latest tender, well below the awards of more than 700 kt previously. NOLA and Middle East offers fell sharply, and buyers in Brazil, Europe and Egypt stayed on the sidelines.

- Date: 2024-04-14 · published 2024-04-14T12:00:00.000Z
- Category: trade · region India · magnitude medium
- Page: https://feedsoft.ai/events/30661-urea-prices-collapse-across-board-cz-app
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

A sharp drop in India's tender volume removes a key source of global urea demand, pushing down FOB and CFR prices. Weak demand and arriving US supply suggest further downside pressure.

## Read by commodity

- UREA: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2024-11-11 | [India Tender Pushes Urea Prices Lower \| CZ app](https://feedsoft.ai/events/27320-india-tender-pushes-urea-prices-lower-cz-app.md) | +0.5% | +1.3% |
| UREA | 2023-02-06 | [Urea and Ammonia Prices Keep Falling \| CZ app](https://feedsoft.ai/events/11748-urea-and-ammonia-prices-keep-falling-cz-app.md) | -6.5% | -8.3% |
| UREA | 2024-10-28 | [Urea Prices Dip After India Tender Delay \| CZ app](https://feedsoft.ai/events/5407-urea-prices-dip-after-india-tender-delay-cz-app.md) | -3.6% | -5.5% |
| UREA | 2025-03-24 | [Urea Continues to Fall as Phosphate Prices Surge \| CZ app](https://feedsoft.ai/events/25505-urea-continues-to-fall-as-phosphate-prices-surge-cz-app.md) | -0.6% | +6.6% |
| UREA | 2024-11-04 | [India's Urea Tender Fails to Revive Prices \| CZ app](https://feedsoft.ai/events/27723-india-s-urea-tender-fails-to-revive-prices-cz-app.md) | -2.0% | -1.9% |

## Sources

- czapp.com: https://www.czapp.com/analyst-insights/urea-prices-collapse-across-board/

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